49
CurrentProperty transferred to Court Services Victoria
Part 7Transitional provisions
Division 2Transfer of assets and liabilities
49 Property transferred to Court Services Victoria
On the appointed day for an allocation statement—
(a)
all property and rights of the State that are allocated to Court Services Victoria under the allocation statement, vest in Court Services Victoria; and
(b)
all liabilities of the State that are allocated to Court Services Victoria under the allocation statement, become liabilities of Court Services Victoria.
This Act’s bill:Explanatory memorandumSecond reading speech
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