Triple Zero Victoria Act 2023

On the commencement day—

the Authority is abolished; and

a person holding office as a member of the Authority ceases to hold office; and

Triple Zero Victoria becomes the successor in law of the Authority; and

all rights, property and assets of the Authority that, immediately before the commencement day, were vested in the Authority, vest in Triple Zero Victoria; and

all debts, liabilities and obligations of the Authority existing immediately before the commencement day, become debts, liabilities and obligations of Triple Zero Victoria; and

Triple Zero Victoria is substituted as a party in any proceedings pending in any court or tribunal to which the Authority was party immediately before the commencement day; and

Triple Zero Victoria is substituted as a party to any contract or arrangement (including any administrative arrangement) entered into by or on behalf of the Authority and in force immediately before the commencement day.

On the commencement day—

the advisory committee is abolished; and

a person holding office as a member of the advisory committee ceases to hold office.