VICIn ForceAct
Building Act 1993
302Effect of allocation statement
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302 Effect of allocation statement
On the commencement date—
(a) all property and rights of the VMIA, wherever located, that are allocated under an allocation statement vest in the Authority in accordance with the statement; and
(b) all liabilities of the VMIA, wherever located, that are allocated under an allocation statement become liabilities of the Authority in accordance with the statement.
S. 303 inserted by No. 17/2025 s. 10.