New South Wales Consolidated Acts

TOTALIZATOR AGENCY BOARD PRIVATISATION ACT 1997 - SECT 17

17 Continuity of TAB and construction of references to TAB

(1) Without limiting any other provision of this Act or the Corporations Law , TAB Limited is a continuation of, and the same legal entity as, TAB (as it existed before the conversion).

(2) After the conversion, a reference in any other Act or in any other instrument made under any Act or in any other document of any kind to the Totalizator Agency Board or TAB is to be read as (or as including) a reference to TAB Limited, unless it is required by this Act to be read as a reference to some other person because it relates to an excluded undertaking or an undertaking transferred to a TAB subsidiary.

(3) This section is to be read subject to clause 1 of Schedule 5 (Savings and transitional regulations).