Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) On the amalgamation day, all assets and liabilities of a de - registered organisation cease to be assets and liabilities of that organisation and become assets and liabilities of the amalgamated organisation.
(2) For all purposes and in all proceedings, an asset or liability of a de - registered organisation existing immediately before the amalgamation day is taken to have become an asset or liability of the amalgamated organisation on that day.