On the approval date of an allocation statement—
(a) all property and rights of the Country Fire Authority, wherever located, that are allocated under the allocation statement, vest in Fire Rescue Victoria in accordance with the allocation statement; and
(b) all liabilities and obligations of the Country Fire Authority, wherever located, that are allocated under the allocation statement become liabilities and obligations of Fire Rescue Victoria in accordance with the allocation statement.
S. 107 inserted by No. 20/2019 s. 82.