South Australian Numbered Acts

IRRIGATION ACT 2009 (NO 13 OF 2009) - SECT 16

16—Disposal of property on dissolution

        (1)         On the dissolution of an irrigation trust under this Division, the property, rights and liabilities of the trust vest in or attach to an irrigation trust or trusts specified for that purpose by the Minister in the notice of dissolution.

        (2)         If in the opinion of the Minister it is not practicable or appropriate to vest the property and rights, or attach the liabilities, of a dissolved trust in or to another trust, the property, rights and liabilities of the trust will vest in or attach to, according to a determination of the Minister—

            (a)         the Crown; or

            (b)         an agency or instrumentality of the Crown (including a Minister).

        (3)         This section operates subject to any provision made by a preceding section of this Division.

        (4)         In this section—

"notice of dissolution" means—

            (a)         in relation to a trust dissolved under section 14—the notice in the Gazette under section 14(5);

            (b)         in relation to a trust dissolved under section 15—the notice served on the trust under section 15(4).