Commonwealth Consolidated Acts

MOOMBA-SYDNEY PIPELINE SYSTEM SALE ACT 1994 - SECT 14

  (1)   By force of this section, all dual destination interests:

  (a)   cease to be assets of the Authority or Pacenco; and

  (b)   become assets in which Newco and the Commonwealth each have a half interest as tenants in common;

on the sale day.

  (2)   Newco is to hold all jointly transferring interests on the terms and conditions that apply to the interests under the easement agreement.