Western Australian Current Acts

ARTS AND CULTURE TRUST ACT 2021 - SECT 82

82 .         Assets, rights and liabilities

        (1)         On commencement day —

            (a)         the assets and rights of the Perth Theatre Trust immediately before commencement day are assigned to and become assets and rights of the Arts and Culture Trust; and

            (b)         the liabilities of the Perth Theatre Trust immediately before commencement day are assigned to and become liabilities of the Arts and Culture Trust.

        (2)         On and after commencement day, any proceedings that immediately before commencement day might have been brought or continued by the Perth Theatre Trust may be brought or continued by the Arts and Culture Trust.

        (3)         On and after commencement day, any remedy that immediately before commencement day might have been available against or to the Perth Theatre Trust is available against or to the Arts and Culture Trust.