Commonwealth Consolidated Acts

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FAIR WORK (REGISTERED ORGANISATIONS) ACT 2009 - SECT 74

Assets and liabilities of de - registered organisation become assets and liabilities of amalgamated organisation

  (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.



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