Section 104 - Suburban Rail Loop Act 2021 - Property, rights and liabilities allocated in accordance with statement | Zoe

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Suburban Rail Loop Act 2021

104Property, rights and liabilities allocated in accordance with statement

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104 Property, rights and liabilities allocated in accordance with statement

On the relevant date—

(a) all property and rights of the Crown, wherever located, that are allocated under an allocation statement, vest in the Authority in accordance with the statement; and

(b) all liabilities of the Crown, wherever located, that are allocated under an allocation statement, become liabilities of the Authority in accordance with the statement.