Western Australian Current Acts

WESTERN AUSTRALIAN COASTAL SHIPPING COMMISSION ACT 1965 - SECT 35

35 .         Dissolution of State Shipping Service and transfer of assets to Commission

                On the date of the coming into operation of this Act —

            (a)         the Minister of the Crown charged with the administration of the State Shipping Service (in this section called the Minister for State Shipping Services ) ceases to be a body corporate under section 6 of the State Trading Concerns Act 1916 ;

            (b)         the State Shipping Service ceases to be a State Trading Concern under that Act, and shall discontinue its business and operations;

            (c)         all real and personal property and every right and interest therein that immediately before that date was vested in the Minister for State Shipping Services under section 6 of that Act, shall, by force of this section without any conveyance, transfer or assignment be transferred to and vested in and belong to the Commission for the purposes of this Act, subject to any debts, trusts and liabilities affecting them;

            (d)         all rights accruing or accrued to the Minister for State Shipping Services in respect of any property vested in the Commission by virtue of this section —

                  (i)         are vested in the Commission; and

                  (ii)         may be enforced against the Commission;

            (e)         all contracts, agreements and undertakings made by the Minister for State Shipping Services and all securities lawfully given to or by that Minister for and on behalf of the State Shipping Service and in force immediately before that date have effect as contracts, agreements and undertakings by and with the Commission and securities given to or by the Commission and may be enforced by and against the Commission accordingly;

            (f)         all debts due and money payable by the Minister for State Shipping Services for and on behalf of the State Shipping Service and all claims, liquidated or unliquidated, recoverable against that Minister shall be debts due and moneys payable by and claims recoverable against the Commission;

            (g)         any legal or other proceedings that might, but for this section, have been continued or commenced by or against that Minister under his corporate name may be continued or commenced by or against the Commission under its corporate name.