Victorian Current Acts

GRAIN HANDLING AND STORAGE ACT 1995 - SECT 26

On the completion date—

        (a)     the property and rights of GEB, wherever located, that, under the State Agreement, are to be transferred to the Purchaser, vest in the Purchaser subject to the encumbrances (if any) subject to which they are to be transferred in accordance with the State Agreement; and

        (b)     the liabilities of GEB, wherever located, that, under the State Agreement, are to become liabilities of the Purchaser, become such liabilities.