CTHIn ForceAct
Telstra Corporation Act 1991
11Vesting of property, rights and liabilities
Start here
Get a plain-English read of 11
Turn the raw legal text into a practical explanation grounded in Telstra Corporation Act 1991.
11 Vesting of property, rights and liabilities
On the succession day: (a) all property and rights of Telecom and OTC, wherever located, vest in Telstra; and (b) all liabilities of Telecom and OTC, wherever located, become liabilities of Telstra; and (c) Telstra becomes the successor in law of Telecom and OTC.