215Substitution of party to agreement

215 Substitution of party to agreement

(1) If, under an allocation statement, the rights and liabilities of the First Peoples' Assembly of Victoria Ltd under an agreement vest in Gellung Warl—

(a) Gellung Warl becomes, on the relevant date for that allocation statement, a party to the agreement in place of the First Peoples' Assembly of Victoria Ltd; and

(b) on and after the relevant date for that allocation statement, the agreement has effect as if Gellung Warl had always been a party to the agreement.

(2) If, under section 213, the rights and liabilities of the First Peoples' Assembly of Victoria Ltd under an agreement vest in Gellung Warl—

(a) Gellung Warl becomes, on 1 July 2026, a party to the agreement in place of the First Peoples' Assembly of Victoria Ltd; and

(b) unless the context otherwise requires, on and after 1 July 2026, the agreement has effect as if Gellung Warl had always been a party to the agreement.