331
In forceAgreements, assets, liabilities and rights
Chapter 11Savings, transitional and validation provisions
Part 18Transitional provisions for Professional Engineers and Other Legislation Amendment Act 2014
Division 2Dissolution of former council and transfer of matters to QBCC
331 Agreements, assets, liabilities and rights
(1)
On the commencement—
(a)
the former council’s assets, liabilities and rights vest in QBCC; and
(b)
QBCC is substituted for the former council in all agreements to which the former council was a party immediately before the commencement.
(2)
Without limiting subsection (1), any amounts payable to the former council immediately before the commencement are, on the commencement, taken to be payable to QBCC.
(3)
In this section—agreement includes a lease, undertaking and contractual arrangement.
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