Victorian Current Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 431

Transfer of securities

If—

        (a)     a security is in force in relation to a site closing certificate; and

        (b)     the site closing certificate is transferred—

then—

        (c)     the interest of the transferor in the security is, by force of this section, transferred to the transferee; and

        (d)     a document setting out or relating to the security has effect, after the transfer, as if a reference in the document to the transferor were a reference to the transferee.



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