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s 316

Vesting of former authority’s assets, rights and liabilities

In force
Chapter 11Repeal, savings and transitional provisions
Part 2Savings and transitional provisions for Act No. 12 of 2002
Division 2Savings and transitional provisions

316 Vesting of former authority’s assets, rights and liabilities

(1)

On the commencement, the assets, rights and liabilities of the former authority vest in the rabbit board.

(2)

If, under another Act, a person is responsible for keeping a register about dealings with an asset mentioned in subsection (1), the rabbit board must do all acts and things necessary to record the vesting in the register.

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