329Victorian Regional Channels Authority abolished

329 Victorian Regional Channels Authority abolished (1) On the commencement day— (a) the Victorian Regional Channels Authority is abolished; and (b) the person appointed as Chief Executive of the Victorian Regional Channels Authority 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 Regional Channels Authority was restructured so that the Authority consists of one member appointed as Chief Executive of the Authority. (2) On and from the commencement day— (a) any rights, property and assets that immediately before the commencement day were vested in the Victorian Regional Channels Authority are taken to be vested in Ports Victoria; and (b) any debts, liabilities and obligations of the Victorian Regional Channels Authority 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 Regional Channels Authority 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 Regional Channels Authority; and (e) any reference to the Victorian Regional Channels Authority 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. 330 inserted by No. 19/2022 s. 13.