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Sydney Market Authority (Dissolution) Act 1997
13Dissolution of Sydney Market Authority
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13 Dissolution of Sydney Market Authority
13 Dissolution of Sydney Market Authority
(1) The Sydney Market Authority, and all committees established by it under section 12 of the former Act, are dissolved immediately after the sale date.
(2) On the dissolution of the Sydney Market Authority, the assets, rights and liabilities (if any) of the Sydney Market Authority become the assets, rights and liabilities of the Crown.
(3) The Minister may, by order in writing, direct that any such assets, rights or liabilities be transferred to the Ministerial Holding Corporation or any other public authority.