17
CurrentAustralian Technology Park Sydney Limited
Schedule 6Savings, transitional and other provisions
Part 4Redfern–Waterloo Authority Repeal Act 2011
17 Australian Technology Park Sydney Limited
(1)
On and from the repeal date, SMDA has such functions as are necessary or convenient for the purposes of managing the affairs of ATPSL.
(2)
Those functions are additional to the functions that SMDA has, as a development corporation, under this or any other Act.
(3)
However, SMDA cannot—
(a)
sell or dispose of an interest in ATPSL, or
(b)
approve of another person becoming a member of ATPSL.
(4)
ATPSL may continue to exercise any function that it could exercise immediately before the repeal date.
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