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TRANSPORT INTEGRATION ACT 2010 - SECT 226 Property transferred in accordance with direction—Victorian Regional Channels Authority

TRANSPORT INTEGRATION ACT 2010 - SECT 226

Property transferred in accordance with direction—Victorian Regional Channels Authority

On the relevant date

        (a)     all property and rights of the Port of Melbourne Corporation, wherever located, that are allocated under an allocation statement, vest in the Victorian Regional Channels Authority in accordance with the statement;

        (b)     all liabilities of the Port of Melbourne Corporation, wherever located, that are allocated under an allocation statement, become liabilities of the Victorian Regional Channels Authority in accordance with the statement.

S. 227 inserted by No. 38/2011 s. 21.