(1) On the commencement day, the Alpine Resorts Co-ordinating Council is abolished.
(2) On and from the commencement day—
(a) the Secretary is the successor in law of the Alpine Resorts Co-ordinating Council for the purposes of any matter; and
(b) all property, rights and assets of the Alpine Resorts Co-ordinating Council immediately before its abolition become property, rights and assets of the Secretary; and
(c) all liabilities, debts and obligations of the Alpine Resorts Co-ordinating Council immediately before its abolition become liabilities, debts and obligations of the Secretary; and
(d) the Secretary is substituted as a party to any proceeding pending in any court or tribunal to which the Alpine Resorts Co-ordinating Council was a party immediately before the commencement day; and
(e) the Secretary is substituted as a party to any contract or arrangement entered into by or on behalf of the Alpine Resorts Co-ordinating Council that was in force immediately before the commencement day; and
(f) the members of the Alpine Resorts Co‑ordinating Council go out of office.
(3) Any reference to the Alpine Resorts Co‑ordinating Council in any Act, proclamation, subordinate instrument, order, agreement, instrument, deed or other document, so far as it relates to any period after the commencement day, and if not inconsistent with the context or subject matter, is taken to be a reference to the Secretary.
(4) All obligations of the accountable officer of the Alpine Resorts Co-ordinating Council under the Financial Management Act 1994 existing immediately before the commencement day become the obligations of the Secretary as an accountable officer under that Act.
New s. 63 inserted by No. 9/2022 s. 21.