Victorian Consolidated Legislation

Transport Accident Act 1986 - SECT 33B

Assets and rights transferred to the Commission

33B. Assets and rights transferred to the Commission



The following assets and rights of the Treasurer or the State in respect of
the Societies are transferred to and vest in the Commission-

   (a)  on the transfer day-

   (i)  the right, title and interest of the Treasurer or the State in the
        assigned debt;

   (ii) rights relating to the assigned debt under proofs of debt lodged with
        the liquidator of the Societies by the Treasurer;

   (b)  as from a day to be fixed by Order of the Governor in Council
        published in the Government Gazette, the rights, or such part of the
        rights as is specified in the Order, being rights under the Deed of
        Agreement and Indemnity dated 3 August 1990 between Thomas William
        Roper and the State Bank of Victoria, as varied by Deeds of Variation
        dated 20 August 1990 and 31 December 1990.