Western Australian Current Acts

WEST AUSTRALIAN TRUSTEES LIMITED (MERGER) ACT 1989 - SECT 15

15 .         Transfer of WA Trustees Common Fund to common trust funds of Perpetual Trustees

                Without prejudice to any other provision of this Act, on and after the appointed day all contracts, choses in action, engagements, mortgages and assets and liabilities of WA Trustees in its capacity as trustee of the Common Trust Fund established by it under section 21A of the West Australian Trustees Limited Act 1893 ³ shall be vested in Perpetual Trustees as trustee of the investment common trust fund or estate common trust fund (as the case may be) established by Perpetual Trustees under the Trustee Companies Act 1987 and shall be held by Perpetual Trustees upon the same terms, covenants and conditions as those upon which they were held by WA Trustees immediately before the appointed day.

[ 16.         Omitted under the Reprints Act 1984 s. 7(4)(e).]