21Property vested in Commissioner vests in Commission

21 Property vested in Commissioner vests in Commission

Where, immediately before the commencement of this Act, property was vested in the Commissioner for Corporate Affairs by reason of the operation of section 310 of the Companies Act 1962, the property vests by force of this section in the Commission and sections 462, 463, and 464 of the Companies (Tasmania) Code apply in relation to the property in like manner as they would apply if the property had vested in the Commission pursuant to section 461 of that Code.