29
CurrentAllocation of property etc. subject to encumbrances
Part 4Property transfer and staff superannuation
Division 3Property transfer by allocation before commencement day
29 Allocation of property etc. subject to encumbrances
Unless an allocation statement under this Division otherwise provides, where, under this Division—
(a)
property and rights vest in; or
(b)
liabilities become liabilities of—
the State in accordance with a direction under section 27—
(c)
the property and rights so vested are subject to the encumbrances (if any) to which they were subject immediately before so vesting; and
(d)
the rights to which the former Board was entitled in respect of those liabilities immediately before they ceased to be liabilities of the former Board vest in the State.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.