Yooralla Society of Victoria Act 1977

On the appointed day-

Yooralla shall be dissolved and the Yooralla Society shall be the successor in law of Yooralla; and

the Victorian Society shall be dissolved and the Yooralla Society shall be the successor in law of the Victorian Society.

Without affecting the generality of sub-section (1), on the appointed day-

the property which, immediately before the appointed day, was vested in Yooralla shall, by reason of this Act, be transferred to and vest in the Yooralla Society;

the property which, immediately before the appointed day, was vested in the Victorian Society shall, by reason of this Act, be transferred to and vest in the Yooralla Society; and

all contracts deeds bonds agreements debts liabilities securities duties and obligations and all powers authorities immunities rights and privileges of Yooralla or of the Victorian Society made by or with or vested in exerciseable by or imposed or binding upon or available in Yooralla or the Victorian Society immediately before the appointed day shall be deemed to be the contracts deeds bonds agreements debts liabilities securities duties obligations powers authorities immunities rights and privileges of the Yooralla Society and shall be enforceable or exerciseable by or against the Yooralla Society as fully and effectually as they would have been by or against Yooralla or the Victorian Society if this Act had not been enacted.

All property which immediately before the appointed day was vested in Yooralla or the Victorian Society shall, on the appointed day, vest in the Yooralla Society without necessity for any conveyance transfer or other assurance of property.