s 79

Transfer of functions

In force

On the commencement:

(a)

the Commissioner is substituted for the Trustee Board in any proceedings to which the Trustee Board is a party; and

(b)

the Commissioner is substituted for the Trustee Board in any agreement or document; and

(c)

any proceedings that could have been commenced by or against the

Trustee Board may only be commenced by or against the Commissioner;

and

(d)

any remedy that would have been available to or against the

Trustee Board is available only to or against the Commissioner.

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