Victorian Current Acts

PORT MANAGEMENT ACT 1995 - SECT 155

Where, under section 154, the rights and liabilities of a port authority under an agreement vest in, or become liabilities of, SEC—

        (a)     SEC becomes, on the port authority abolition date, a party to the agreement in place of the port authority; and

        (b)     on and after the port authority abolition date, the agreement has effect as if SEC had always been a party to the agreement.

S. 156 substituted by No. 63/1997
s. 8.