Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts18. (1) Where, before the commencement date—
(a) a cause of action by or against the former corporation had arisen but proceedings in respect of that cause of action had not been instituted before that date; or
(b) proceedings by or against the former corporation had been instituted in a court, tribunal, commission or other body and those proceedings had not been completed before that date;
those proceedings may be instituted or continued by or against the Board, as the case requires.
(2) In proceedings instituted or continued pursuant to this section each party to the proceedings has the same rights, and is subject to the same obligations, as if the Board were the former corporation and the proceedings had been instituted or continued by or against the former corporation.