Development Victoria Act 2003
56FProperty and powers transferred to Development Victoria
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56F Property and powers transferred to Development Victoria
On the relevant date—
(a) all property and rights of the nominated agency that are allocated under an allocation statement to Development Victoria vest in Development Victoria; and
(b) all liabilities of the nominated agency that are allocated under an allocation statement to Development Victoria become liabilities of Development Victoria; and
(c) all provisions of Division 2, 3, 4, 5, 5A or 6 of Part 3 that are specified in an allocation statement apply in relation to the project as if on the relevant date a project order had been made in relation to the project and that order had specified those provisions.
S. 56G inserted by No. 10/2017 s. 19.