s 57
In forceEffect on rights and remedies
Part 6Transitional matters for Superannuation Legislation Amendment Act 2010
Division 2Superannuation Trustee Board
57 Effect on rights and remedies
(1) After the restructure time, any proceedings that could have been commenced by or against the old board in relation to a transferred asset or liability:
(a)
may be commenced by or against the Trustee Board; and
(b)
cannot be commenced by or against the old board.
(2) After the restructure time, any remedy that would have been available to or against the old board in relation to a transferred asset or liability:
(a)
is available to or against the Trustee Board; and
(b)
is not available to or against the old board.
Research tools for this sectionPro
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.