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Cultural and Creative Industries Act 2017
19Transfer of assets and liabilities
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19 Transfer of assets and liabilities
(1) On the commencement day –
(a) the assets of the Board vest in the Crown; and
(b) the liabilities of the Board become the liabilities of the Crown.
(2) State tax is not payable in respect of any document prepared, or transfer or transaction done, to give effect to subsection (1) .