Commonwealth Consolidated Acts

TELECOMMUNICATIONS (TRANSITIONAL PROVISIONS AND CONSEQUENTIAL AMENDMENTS) ACT 1997 - SECT 8

  (1)   This section applies to a liability of the Commonwealth that relates to the SMA.

  (2)   The Minister may, by writing, make any or all of the following declarations:

  (a)   a declaration that a specified liability ceases to be a liability of the Commonwealth and becomes a liability of the ACA at the merging time;

  (b)   a declaration that a specified instrument relating to a specified liability continues to have effect after the liability becomes a liability of the ACA as if a reference in the instrument to the Commonwealth were a reference to the ACA;

  (c)   a declaration that the ACA becomes the Commonwealth's successor in law in relation to a specified liability immediately after the liability becomes a liability of the ACA.

Note:   A liability or instrument may be specified by name, by inclusion in a specified class or in any other way.

  (3)   A declaration under subsection   ( 2) has effect accordingly.