Film Victoria and ACMI to be successors in law of Corporation

In force

On the succession day—

(a)

the Corporation is dissolved; and

(b)

all property and rights of the Corporation specified in a transfer Order vest in the new body specified in the Order; and

(c)

all liabilities of the Corporation specified in a transfer Order become liabilities of the new body specified in the Order; and

(d)

the new body specified in a transfer Order becomes the successor in law of the Corporation in relation to the property, rights and liabilities specified in the Order.

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46 Film Victoria and ACMI to be successors in law of Corporation