Schedule 4—Transitional provisions applying on abolition of Traditional Owner Land Management Boards
1 Definitions
In this Schedule—
"old board" means a Traditional Owner Land Management Board that is being abolished under a determination of the Minister under section 82G.
2 Transfer of assets etc. on abolition
On the making of a determination under section 82G—
(a) any rights, property and assets of the old board that are specified in the determination are taken to be vested in the Secretary; and
(b) any debts, liabilities and obligations of the old board arising out of any vesting under paragraph (a) are deemed to be the debts, liabilities and obligations of the Secretary; and
(c) the Secretary is substituted as a party to any arrangement or contract entered into by or on behalf of the old board arising out of any vesting under paragraph (a).
3 Amendment of Register
The Registrar of Titles must make any recordings in or amendments to the Register under the Transfer of Land Act 1958 that are necessary because of the operation of this Schedule.
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