Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies if, as a result of a transfer made under this Part, Tourism Australia becomes the successor in law of the ATC at a particular time in relation to a particular asset or liability.
(2) If any proceedings to which the ATC was a party:
(a) were pending in any court or tribunal immediately before that time; and
(b) related, in whole or in part, to the asset or liability;
then Tourism Australia is, by force of this subsection, substituted for the ATC as a party to the proceedings to the extent to which the proceedings relate to the asset or liability.