sec.64Current instruments

### sec.64 Current instruments This section applies to a contract or other instrument to which QATC was a party, or that otherwise applied to QATC, immediately before the commencement (a current instrument ). The State is a party to the current instrument, or the current instrument otherwise applies to the State, in place of QATC. Without limiting subsection (2)— any right, title, interest or liability of QATC arising under or relating to a current instrument is a right, title, interest or liability of the State; and a current instrument, including a benefit or right provided by a current instrument, given to, by or in favour of QATC before the commencement is taken to have been given to, by or in favour of the State; and an application relating to a current instrument made in the name of QATC before the commencement is taken to have been made in the name of the State; and a current instrument under which an amount is, or may become, payable to or by QATC is taken to be an instrument under which the amount is, or may become, payable to or by the State in the way the amount was, or might have become, payable to or by QATC; and a current instrument under which property, other than money, is or may become liable to be transferred, conveyed or assigned to or by QATC is taken to be an instrument under which property is, or may become liable to be, transferred, conveyed or assigned to or by the State in the way the property was, or might have become, liable to be transferred, conveyed or assigned to or by QATC. This section applies subject to section 69. s 64 ins 2020 No. 3 s 128B (sec.64-ssec.1) This section applies to a contract or other instrument to which QATC was a party, or that otherwise applied to QATC, immediately before the commencement (a current instrument ). (sec.64-ssec.2) The State is a party to the current instrument, or the current instrument otherwise applies to the State, in place of QATC. (sec.64-ssec.3) Without limiting subsection (2)— any right, title, interest or liability of QATC arising under or relating to a current instrument is a right, title, interest or liability of the State; and a current instrument, including a benefit or right provided by a current instrument, given to, by or in favour of QATC before the commencement is taken to have been given to, by or in favour of the State; and an application relating to a current instrument made in the name of QATC before the commencement is taken to have been made in the name of the State; and a current instrument under which an amount is, or may become, payable to or by QATC is taken to be an instrument under which the amount is, or may become, payable to or by the State in the way the amount was, or might have become, payable to or by QATC; and a current instrument under which property, other than money, is or may become liable to be transferred, conveyed or assigned to or by QATC is taken to be an instrument under which property is, or may become liable to be, transferred, conveyed or assigned to or by the State in the way the property was, or might have become, liable to be transferred, conveyed or assigned to or by QATC. (sec.64-ssec.4) This section applies subject to section 69. - (a) any right, title, interest or liability of QATC arising under or relating to a current instrument is a right, title, interest or liability of the State; and - (b) a current instrument, including a benefit or right provided by a current instrument, given to, by or in favour of QATC before the commencement is taken to have been given to, by or in favour of the State; and - (c) an application relating to a current instrument made in the name of QATC before the commencement is taken to have been made in the name of the State; and - (d) a current instrument under which an amount is, or may become, payable to or by QATC is taken to be an instrument under which the amount is, or may become, payable to or by the State in the way the amount was, or might have become, payable to or by QATC; and - (e) a current instrument under which property, other than money, is or may become liable to be transferred, conveyed or assigned to or by QATC is taken to be an instrument under which property is, or may become liable to be, transferred, conveyed or assigned to or by the State in the way the property was, or might have become, liable to be transferred, conveyed or assigned to or by QATC.