Victorian Consolidated Legislation

Lord Mayor's Charitable Fund Act 1996 - SECT 31

Board to succeed incorporated body

31. Board to succeed incorporated body



(1) The Board is the successor in law of the Lord Mayor's Fund for
Metropolitan Hospitals and Charities established under the Lord Mayor's Fund
Act 1930 (in this section called the Fund).

(2) All rights, property and money vested in the Fund immediately before the
commencement of this section are, by force of this subsection, vested in the
Board.

(3) All debts, liabilities and obligations of the Fund existing immediately
before the commencement of this section become, by force of this subsection,
debts, liabilities and obligations of the Board.

(4) The Board is, by force of this subsection, substituted as a party to any
proceedings pending in any court to which the Fund was a party immediately
before the commencement of this section.

(5) The Board is, by force of this subsection, substituted as a party to any
arrangement or contract entered into by or on behalf of the Fund as a party
and in force immediately before the commencement of this section.

(6) Any act, matter or thing done by or in relation to the Fund before the
commencement of this subsection has effect as if it had been done by or in
relation to the Board and continues to have the same effect after that
commencement as it had before then.