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Delivering Victorian Infrastructure (Port of Melbourne Lease Transaction) Act 2016
34Substitution of party to agreement
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34 Substitution of party to agreement
(1) This section applies if, under a transfer order, the rights and liabilities of the transferor under an agreement are transferred to the transferee.
(2) On the transfer date, the transferee becomes a party to the agreement in place of the transferor unless the transfer order requires otherwise.