South Australian Current Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

RAILWAYS (TRANSFER AGREEMENT) ACT 1975 - SECT 6

6—Vesting of property other than land

        (1)         Any property (other than land) to which the Commission would have been entitled on the commencement date under the Agreement if the Agreement had been in force on that date otherwise than by an apportionment referred to in Clause 5 of the Agreement is by force of this subsection vested in the Commission and shall be deemed to have become so vested on that date.

        (2)         Where after the commencement date any property (other than land) is apportioned as provided for by Clause 5 of the Agreement, any of that property that is declared by that Clause to be property to which the Commission is entitled pursuant to that Clause on the commencement date is by force of this subsection vested in the Commission and shall be deemed to have become so vested on that date.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback