105Transitional provision—Parks Victoria Act 2018

105 Transitional provision—Parks Victoria Act 2018 (1) If, immediately before the Parks Victoria commencement, the old body holds an appointment as a committee of management under section 50(3), on the Parks Victoria commencement— (a) Parks Victoria is taken to be appointed as the committee of management in substitution of the old body; and (b) all rights, property and assets that, immediately before the Parks Victoria commencement, were vested in the old committee of management vest in the new committee of management; and (c) all debts, liabilities and obligations of the old committee of management existing immediately before the Parks Victoria commencement become debts, liabilities and obligations of the new committee of management; and (d) the new committee of management is substituted as a party to any proceedings pending in any court or tribunal to which the old committee of management was a party immediately before the Parks Victoria commencement; and (e) the new committee of management is substituted as a party to any contract or arrangement entered into by or on behalf of the old committee of management and in force immediately before the Parks Victoria commencement. (2) In this section— ***new committee of management*** means the committee of management as taken to be appointed under subsection (1)(a); ***old body*** means Parks Victoria within the meaning of the **Parks Victoria Act 1998** as in force before its repeal; ***old committee of management*** means the committee of management holding appointment immediately before the Parks Victoria commencement; ***Parks Victoria commencement*** means the day on which the **Parks Victoria Act 2018** comes into operation. S. 106 inserted by No. 42/2021 s. 84.