Victorian Current Acts

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TREASURY CORPORATION OF VICTORIA ACT 1992 - SECT 37

Assets and liabilities of Victorian Debt Retirement Fund

    (1)     On 1 July 1995—

        (a)     the amount standing to the credit of the Victorian Debt Retirement Fund established under the Victorian Debt Retirement Fund Act 1990 and all assets of the Fund vest in the Corporation; and

        (b)     all liabilities of the Fund, or of the Corporation in respect of the Fund, become liabilities of the Corporation; and

        (c)     all investments of the Fund held by the Corporation vest in the Corporation.

New s. 38 inserted by No. 24/1995 s. 7.



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