Unless an allocation statement otherwise provides, each former relevant transferor instrument relating to former relevant transferor property continues to have effect according to its tenor on and after the relevant date in relation to that property as if a reference in the instrument to the relevant transferor were a reference to the relevant transferee.
S. 255 inserted by No. 61/2011 s. 4 (as amended by No. 43/2012 s. 3(Sch. item 55)).