Application of written laws to acquirer
32 Application of written laws to acquirer
In this section —
applicable written law —
means a written law (other than this Act) that applies to or in relation to, or refers to, the disposer; and
includes a written law that, by operation of this section, applies to or in relation to, or refers to, the disposer.
An applicable written law is taken to apply to or in relation to, or to refer to, the acquirer —
to the extent prescribed by the regulations; and
with the changes that are prescribed by the regulations or are otherwise necessary or convenient for the purposes of this Part.
Without limiting subsection (2), the regulations may provide that a reference in an applicable written law to the disposer that relates to the TAB asset before the disposal occurred is taken to include a reference to the acquirer.
This Act’s bill:Explanatory memorandumSecond reading speech
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