328Victorian Ports Corporation (Melbourne) abolished

328 Victorian Ports Corporation (Melbourne) abolished (1) On the commencement day— (a) the Victorian Ports Corporation (Melbourne) is abolished; and (b) the person appointed as Chief Executive of the Victorian Ports Corporation (Melbourne) goes out of office. Under the Transport Restructuring Order known as the Transport Restructuring Order (Establishment of Ports Victoria) No. 1/2021 dated 16 June 2021 and published in the Government Gazette on 17 June 2021, the Victorian Ports Corporation (Melbourne) was restructured so that the Corporation consists of one member appointed as Chief Executive of the Corporation. (2) On and from the commencement day— (a) any rights, property and assets that immediately before the commencement day were vested in the Victorian Ports Corporation (Melbourne) are taken to be vested in Ports Victoria; and (b) any debts, liabilities and obligations of the Victorian Ports Corporation (Melbourne) that existed immediately before that time are taken to be the debts, liabilities and obligations of Ports Victoria; and (c) Ports Victoria is substituted as a party to any proceedings pending in any court to which the Victorian Ports Corporation (Melbourne) was a party immediately before that time; and (d) Ports Victoria is substituted as a party to any arrangement or contract entered into by or on behalf of the Victorian Ports Corporation (Melbourne); and (e) any reference to the Victorian Ports Corporation (Melbourne) in any Act, subordinate instrument or other document, so far as it relates to any period after that time and if not inconsistent with the context or subject matter, must be construed as a reference to Ports Victoria. S. 329 inserted by No. 19/2022 s. 13.