VICIn ForceAct
Port Management Act 1995
107Substitution of party to agreement
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107 Substitution of party to agreement
Where, under section 100 or an allocation statement, the rights and liabilities of a port authority under an agreement vest in or are allocated to a transferee in accordance with that section or a direction under section 101—
(a) the transferee becomes, on the relevant date, a party to the agreement in place of the transferor; and
(b) on and after the relevant date, the agreement has effect as if the transferee had always been a party to the agreement.
S. 108 amended by No. 63/1997
s. 7(2).