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Cash Distribution Framework Act 2026
132Construction of references in instruments to target body
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132 Construction of references in instruments to target body
If a certificate issued under section 125 for a transfer comes into force, a reference in an instrument of any kind to the target body in relation to:
(a) an asset or liability of the target body transferred under this Division; or
(b) a share in the target body transferred under this Division;
is taken to be a reference to the receiving body.