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TOURISM AUSTRALIA (REPEAL AND TRANSITIONAL PROVISIONS) ACT 2004 - SECT 38

Transfer of liabilities from Commonwealth to Tourism Australia

  (1)   The Minister may, in writing, make any or all of the following declarations in relation to a liability of the Commonwealth that is, or relates to, a tourism trade mark:

  (a)   a declaration that the liability vests in Tourism Australia on the proclamation day without any conveyance, transfer or assignment;

  (b)   a declaration that a specified instrument relating to the liability continues to have effect on and after the proclamation day as if a reference in the instrument to the Commonwealth were a reference to Tourism Australia;

  (c)   a declaration that Tourism Australia becomes the Commonwealth's successor in law in relation to the liability on the proclamation day.

Note:   A liability or instrument may be specified by name, by inclusion in a specified class or in any other way.

  (2)   The declaration has effect accordingly.



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