(a) all real and personal property, other than the property referred to in clauses 3 and 4 and all rights and interests in that property and all management and control of that property that immediately before that date vested in or belonged to the Tasmanian Library Board shall vest in and belong to the Crown;
(b) all money and liquidated and unliquidated claims that, immediately before that date, was or were payable to or recoverable by the Tasmanian Library Board shall be money and liquidated and unliquidated claims payable to or recoverable by the Crown; and
(c) all debts, money, and liquidated and unliquidated claims that, immediately before that date, were due or payable by, or recoverable against, the Tasmanian Library Board shall be debts due by, money payable by, and claims recoverable against, the Crown.
3. Transfer of property to Trust
On and from the proclaimed date, the Fund established by the Tasmanian Library Board and known as the Sir John Morris Memorial Fund and all the rights and interests in that Fund and all the management and control of that Fund that, immediately before that date, vested in or belonged to the Tasmanian Library Board shall vest in and belong to the Trust.
(b) the rights and interests in the funds and property; and
(c) the custody, management, and control of the funds and property –
that immediately before that date, vested in or belonged to the Tasmanian Library Board shall vest in and belong to the Management Committee.
5. Contracts, agreements, &c.
Any contract, agreement, arrangement, or undertaking entered into by the Tasmanian Library Board in relation to –
(a) the Allport Library and Museum of Fine Arts;
(b) the Allport Bequest; and
(c) the provisions of the will of the late Henry Allport –
as referred to in the Allport Library and Museum of Fine Arts Agreement Act 1966 and in force immediately before the proclaimed date shall, on and from that date, be deemed to be a contract, agreement, arrangement, or undertaking entered into by the Management Committee.
6. Construction of certain references
On and from the proclaimed date, a reference in the Allport Library and Museum of Fine Arts Agreement Act 1966 or in any other instrument or document relating to the Allport Library and Museum of Fine Arts or the Allport Bequest, referred to in that Act, being a reference to, or a reference to be read or construed as a reference to, or deemed or taken to refer to, the Tasmanian Library Board shall be read and construed as a reference to the Management Committee.
7. Gifts, &c., to Tasmanian Library Board
On and from the proclaimed date, any gift, bequest, or devise of any property to or for the benefit of the Tasmanian Library Board shall be deemed to be a gift, bequest or devise to or for the benefit of the Crown and may be acquired by the Trust pursuant to section 17 .
Part SCHEDULE 5 - Transitional Prov - Libraries Act 1984 - SCHEDULE 5 - Transitional Provisions and Savings | Zoe