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Development Victoria Act 2003
56HSubstitution of party to agreement
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56H Substitution of party to agreement
If, under an allocation statement, the rights and liabilities of the nominated agency under an agreement are allocated to Development Victoria—
(a) Development Victoria becomes, on the relevant date, a party to the agreement in place of the nominated agency; and
(b) on and after the relevant date, the agreement has effect as if Development Victoria had always been a party to the agreement.
S. 56I inserted by No. 10/2017 s. 19.