Victorian Current Acts

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COPTIC ORTHODOX CHURCH (VICTORIA) PROPERTY TRUST ACT 2006 - SECT 14

Transfer from the Church associations and cancellation of their incorporation

    (1)     On the appointed day—

        (a)     all property and rights of the Church associations or of any of them vest in the Trust;

        (b)     all liabilities of the Church associations or of any of them become liabilities of the Trust;

        (c)     without limiting paragraph (a) or (b), the Trust is substituted as a party to any arrangement or contract entered into by or on behalf of the Church associations or of any of them as a party;

        (d)     the Trust is the successor in law of each Church association;

        (e)     the incorporation of each of the Church associations is cancelled.

    (2)     Any reference to a Church association in any document must be construed as a reference to the Trust, so far as it relates to any period on or after the appointed day and if not inconsistent with the context or subject-matter.



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