Luna Park Site Act 1990
5BLuna Park Reserve Trust is Crown land manager of Luna Park Reserve
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5B Luna Park Reserve Trust is Crown land manager of Luna Park Reserve
5B Luna Park Reserve Trust is Crown land manager of Luna Park Reserve
(1) On and from the repeal day:
(a) the Luna Park Reserve Trust in existence immediately before the repeal day (the existing Luna Park Reserve Trust) is taken to have been reconstituted as a statutory land manager under the Crown Land Management Act 2016 with the same name (the reconstituted Luna Park Reserve Trust), and
(b) each member of the trust board of the existing Luna Park Reserve Trust immediately before the repeal day is taken to have been appointed as a member of the board of the reconstituted Luna Park Reserve Trust for the balance of their terms of office, and
(c) the reconstituted Luna Park Reserve Trust is taken to have been appointed as the sole Crown land manager under the Crown Land Management Act 2016 of the Luna Park Reserve, and
(d) the reconstituted Luna Park Reserve Trust is taken for all purposes (including the rules of private international law) to be a continuation of, and the same legal entity as, the existing Luna Park Reserve Trust.
Note—
As a result of paragraph (d), the reconstituted Luna Park Reserve Trust retains all the assets, rights and liabilities of the existing Luna Park Reserve Trust, subject to subsection (2) (d).
(2) The Crown Land Management Act 2016 applies in relation to the Luna Park Reserve and to the reconstituted Luna Park Reserve Trust in its capacity as its Crown land manager, subject to section 5A (2) and the following modifications:
(a) the Trust’s appointment as the Crown land manager of the Luna Park Reserve cannot be revoked under the Crown Land Management Act 2016,
(b) no other person can be appointed under the Crown Land Management Act 2016 as a Crown land manager of the Luna Park Reserve,
(c) the Trust is taken to have been assigned as a category 2 non-council manager of the Luna Park Reserve for the purposes of Division 3.5 of the Crown Land Management Act 2016,