NSWIn ForceAct
Sporting Venues Authorities Act 2008
30ATransfer to Venues NSW of assets, rights and liabilities relating to Stadium Australia
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#### 30A Transfer to Venues NSW of assets, rights and liabilities relating to Stadium Australia
30A Transfer to Venues NSW of assets, rights and liabilities relating to Stadium Australia
> > (1) The Minister may, by order in writing (a vesting order), transfer assets, rights and liabilities of any of the following persons to Venues NSW—
> >
> > > (a) Stadium Holdings Pty Ltd (ACN 121 891 647),
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> > > (b) Stadium Investments Pty Ltd (ACN 121 891 656),
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> > > (c) Stadium Australia Management Limited (ACN 069 692 253),
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> > > (d) Stadium Australia Operations Pty Ltd (ACN 126 222 099),
> >
> > > (e) SAT trustee.
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> > (2) Clauses 4–7 of Schedule 3 apply in relation to the transfer of assets, rights or liabilities by a vesting order under this section in the same way as those clauses apply in relation to the transfer of assets, rights or liabilities by operation of Part 2 of that Schedule. For that purpose—
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> > > (a) a reference in clause 4 to the transferor is to be read as a reference to the person or persons from whom the assets, rights or liabilities are transferred by the vesting order, and
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> > > (b) a reference in clause 4 to the transferee is to be read as a reference to Venues NSW.
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> > (3) Without limiting subsection (2), any assets of SAT trustee that are vested in Venues NSW as a consequence of the transfer of those assets by a vesting order under this section are vested free of any equitable estates, interests, rights or obligations that attached to the assets immediately before that transfer.
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> > (4) A vesting order that varies the terms and conditions of any instrument or contract has effect according to its tenor.
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> > (5) In this section—
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> > SAT trustee means Infrastructure Specialist Asset Management Limited (ACN 098 827 671) in its capacity as trustee of the Stadium Australia Trust.
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> > Stadium Australia Trust means the trust established by the deed that was executed on 19 January 1996 by Australia Stadium 2000 Limited (ACN 069 458 279).
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> **pt 4, div 3 (ss 30A, 30B):** Ins 2017 No 7, Sch 1 \[1\].