Northern Territory Consolidated Acts(1) The Acts specified in the Schedule are repealed.
(2) Where, immediately before the commencement of this Act, the Board had a title to or an interest in an asset, or had a right, privilege, obligation or liability, contingent or otherwise, that title, interest, right, privilege, obligation or liability is transferred to the Commission.
(3) Where, immediately before the commencement of this Act an activity was being carried on by or in the name of the Board, the Commission may continue to carry on that activity.
(4) Any money that if this Act had not come into operation would be or become payable to the Board is, or will become, as the case may be, payable to the Commission.
(5) Where a transfer is effected by subsection (2), the Commission continued an action by virtue of subsection (3), or money is or becomes payable by virtue of subsection (4), this Act is sufficient authority in relation to that money or to the matter transferred or continued:
(a) for any person having control of a register to register the transfer;
(b) for the Commission, in its own name, to take or continue any action, or to do any other thing that, if this Act had not come into operation, the Board could have taken, continued or done; and
(c) for a person or body to take or continue any action, or to do any other thing, in relation to the Commission, that, if this Act had not come into operation, that person or body could have taken, continued or done in relation to the Board.
(6) In this section "the Board" means the Northern Territory Tourist Board established under the Tourist Board Act .