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Victorian Plantations Corporation Act 1993
42Substitution of party to agreement
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42 Substitution of party to agreement
If, under an allocation statement, the rights and liabilities of the Corporation under an agreement are allocated to a person—
(a) the person becomes, on the relevant date, a party to the agreement in place of the Corporation; and
(b) on and after the relevant date, the agreement has effect as if the person had always been a party to the agreement.
S. 43