Purpose of div 9.6

In force

The purpose of this division is to facilitate the transfer of assets, rights and liabilities of, or held by, territory authorities to which this division applies.

Note 1

A liability includes an obligation (see Legislation Act, dict, pt 1).

Note 2

See also the Legislation Act, dict, def asset.

This Act’s bill:Explanatory statement

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104 Purpose of div 9.6