VICIn ForceAct
National Electricity (Victoria) Act 2005
125Property, rights and liabilities allocated in accordance with statement
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125 Property, rights and liabilities allocated in accordance with statement
On the relevant date—
(a) all property and rights of the Crown, wherever located, that are allocated under an allocation statement, vest in VicGrid in accordance with the statement; and
(b) all liabilities of the Crown, wherever located, that are allocated under an allocation statement, become liabilities of VicGrid in accordance with the statement.
S. 126 inserted by No. 38/2025 s. 57.