Victorian Consolidated Legislation

Emergency Services Superannuation Act 1986 - SECT 22DC

Board is successor in law

22DC. Board is successor in law



(1) On the commencement day-

   (a)  the administration of the MTA Superannuation Fund is transferred to
        the Board;

   (b)  all property, rights and assets of the MTA Superannuation Fund are by
        virtue of this Act held by the Board;

   (c)  all liabilities of the MTA Superannuation Fund are by virtue of this
        Act held by the Board;

   (d)  all property, rights and assets of the Office are by virtue of this
        Act held by the Board;

   (e)  all liabilities of the Office are by virtue of this Act held by the
        Board;

   (f)  the Board is the successor in law of the Office;

   (g)  the Office ceases to exist and the Directors of the Board of the
        Office go out of office.

(2) If, immediately before the commencement day, proceedings in respect of the
State Superannuation Fund or the MTA Superannuation Fund to which the Office
was a party were pending or existing in any court or tribunal, then, on and
after that commencement, the Board is substituted for the Office as a party to
the proceedings and has the same rights and obligations in the proceedings as
the Office.

(3) If, immediately before the commencement day, proceedings in respect of
which the Office was a party were pending or existing in any court or
tribunal, then, on and after that commencement, the Board is substituted for
the Office as a party to the proceedings and has the same rights and
obligations in the proceedings as the Office.

(4) On and after the commencement day, any reference in any Act (other than
this Act), regulation, subordinate instrument or other document whatsoever to
the Victorian Superannuation Board or the Office is to be construed as a
reference to the Board, unless the contrary intention appears.