FISHERIES ACT 1994 - SECT 229 Vesting of assets, rights and liabilities
FISHERIES ACT 1994 - SECT 229
Vesting of assets, rights and liabilities229 Vesting of assets, rights and liabilities
On the commencement—
(a) the assets, rights and liabilities of the Authority vest in the State; and
(b) the State is substituted for the Authority in all contracts to which the Authority is a party.