sec.6Consequence of change of name of authority

### sec.6 Consequence of change of name of authority In this section— authority means the corporation sole referred to in section 5 (2) as it existed before the commencement of this Act under the name and style ‘The Queensland Government Development Authority’. On and from the commencement of this Act— all real and personal property, and every right, title, estate or interest therein and all management or control of anything that immediately prior to the commencement of this Act was vested in or belonged to the authority shall continue to be vested in and belong to the Corporation without any transfer assignment or conveyance or notice other than this Act; all moneys and liquidated and unliquidated claims that immediately prior to the commencement of this Act were payable to or recoverable by the authority shall be moneys and liquidated and unliquidated claims payable to or recoverable by the Corporation; all suits actions and proceedings and all causes of action pending or existing immediately prior to the commencement of this Act by or against the authority may be carried and prosecuted by or against the Corporation, and no such suit, action or proceedings shall abate or be prejudicially affected by this Act; nothing in this Act prejudicially affects any contracts, agreements and undertakings entered into with, and all securities lawfully given to, or by the authority and existing at the commencement of this Act; all debts due and moneys payable by the authority and all liquidated and unliquidated claims recoverable against the authority shall be debts due and moneys payable by and claims recoverable against the Corporation; a delegation made by the authority under the Statutory Bodies Financial Arrangements Act 1982 and in force immediately prior to the commencement of this Act shall continue in full force and effect. Nothing in this Act prejudicially affects any security, rights, powers, authorities and remedies of a holder of any debenture, bond, inscribed stock, note, mortgage, deed or other security given by the authority (including a security given by the authority under section 12 of the Statutory Bodies Financial Arrangements Act 1982 ) prior to the commencement of this Act. All debentures, bonds and inscribed stock issued by the authority and to which section 25 of the Statutory Bodies Financial Arrangements Act 1982 applies and issued on and after 1 September 1982 and before the commencement of the Statutory Bodies Financial Arrangements Act Amendment Act 1984 shall continue to be a charge upon the Corporation’s income and revenue from whatever source arising. Nothing in this Act prejudicially affects any guarantee given by the Treasurer on behalf of the Government under section 16 of the Statutory Bodies Financial Arrangements Act 1982 . In subsections (4) and (5) , a reference to the Statutory Bodies Financial Arrangements Act 1982 is a reference to the Act as in force from time to time before the commencement of the Statutory Bodies Financial Arrangements Amendment Act 1996 . The registrar of titles or other person required by any Act or law to make or enter any note or memorial on any instrument of title to land on receiving notice thereof shall, upon the written request of the Corporation, register the change of name of the authority to the Corporation for or with respect to any right, title, estate or interest in land to which the Corporation is entitled under this section, and for that purpose may make every entry, cancellation and correction in any register, record or book in his or her custody or under his or her control and do and execute such other acts and things as shall to him or her appear necessary and proper. s 6 amd 1995 No. 58 s 4 sch 1 ; 1996 No. 54 s 9 sch ; 2003 No. 19 s 3 sch (sec.6-ssec.1) In this section— authority means the corporation sole referred to in section 5 (2) as it existed before the commencement of this Act under the name and style ‘The Queensland Government Development Authority’. (sec.6-ssec.2) On and from the commencement of this Act— all real and personal property, and every right, title, estate or interest therein and all management or control of anything that immediately prior to the commencement of this Act was vested in or belonged to the authority shall continue to be vested in and belong to the Corporation without any transfer assignment or conveyance or notice other than this Act; all moneys and liquidated and unliquidated claims that immediately prior to the commencement of this Act were payable to or recoverable by the authority shall be moneys and liquidated and unliquidated claims payable to or recoverable by the Corporation; all suits actions and proceedings and all causes of action pending or existing immediately prior to the commencement of this Act by or against the authority may be carried and prosecuted by or against the Corporation, and no such suit, action or proceedings shall abate or be prejudicially affected by this Act; nothing in this Act prejudicially affects any contracts, agreements and undertakings entered into with, and all securities lawfully given to, or by the authority and existing at the commencement of this Act; all debts due and moneys payable by the authority and all liquidated and unliquidated claims recoverable against the authority shall be debts due and moneys payable by and claims recoverable against the Corporation; a delegation made by the authority under the Statutory Bodies Financial Arrangements Act 1982 and in force immediately prior to the commencement of this Act shall continue in full force and effect. (sec.6-ssec.3) Nothing in this Act prejudicially affects any security, rights, powers, authorities and remedies of a holder of any debenture, bond, inscribed stock, note, mortgage, deed or other security given by the authority (including a security given by the authority under section 12 of the Statutory Bodies Financial Arrangements Act 1982 ) prior to the commencement of this Act. (sec.6-ssec.4) All debentures, bonds and inscribed stock issued by the authority and to which section 25 of the Statutory Bodies Financial Arrangements Act 1982 applies and issued on and after 1 September 1982 and before the commencement of the Statutory Bodies Financial Arrangements Act Amendment Act 1984 shall continue to be a charge upon the Corporation’s income and revenue from whatever source arising. (sec.6-ssec.5) Nothing in this Act prejudicially affects any guarantee given by the Treasurer on behalf of the Government under section 16 of the Statutory Bodies Financial Arrangements Act 1982 . (sec.6-ssec.5A) In subsections (4) and (5) , a reference to the Statutory Bodies Financial Arrangements Act 1982 is a reference to the Act as in force from time to time before the commencement of the Statutory Bodies Financial Arrangements Amendment Act 1996 . (sec.6-ssec.6) The registrar of titles or other person required by any Act or law to make or enter any note or memorial on any instrument of title to land on receiving notice thereof shall, upon the written request of the Corporation, register the change of name of the authority to the Corporation for or with respect to any right, title, estate or interest in land to which the Corporation is entitled under this section, and for that purpose may make every entry, cancellation and correction in any register, record or book in his or her custody or under his or her control and do and execute such other acts and things as shall to him or her appear necessary and proper. - (a) all real and personal property, and every right, title, estate or interest therein and all management or control of anything that immediately prior to the commencement of this Act was vested in or belonged to the authority shall continue to be vested in and belong to the Corporation without any transfer assignment or conveyance or notice other than this Act; - (b) all moneys and liquidated and unliquidated claims that immediately prior to the commencement of this Act were payable to or recoverable by the authority shall be moneys and liquidated and unliquidated claims payable to or recoverable by the Corporation; - (c) all suits actions and proceedings and all causes of action pending or existing immediately prior to the commencement of this Act by or against the authority may be carried and prosecuted by or against the Corporation, and no such suit, action or proceedings shall abate or be prejudicially affected by this Act; - (d) nothing in this Act prejudicially affects any contracts, agreements and undertakings entered into with, and all securities lawfully given to, or by the authority and existing at the commencement of this Act; - (e) all debts due and moneys payable by the authority and all liquidated and unliquidated claims recoverable against the authority shall be debts due and moneys payable by and claims recoverable against the Corporation; - (f) a delegation made by the authority under the Statutory Bodies Financial Arrangements Act 1982 and in force immediately prior to the commencement of this Act shall continue in full force and effect.