Western Australian Current Acts

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MARKETING OF POTATOES ACT 1946 - SECT 49

49 .         Transfer of assets, liabilities, proceedings, remedies and immunities

        (1)         On transition day —

            (a)         the assets and rights of the former Corporation immediately before that day vest in or become, by force of this section, the property of the State; and

            (b)         the liabilities of the former Corporation immediately before that day become, by force of this section, the liabilities of the State.

        (2)         On and after transition day, any proceedings or remedy that, immediately before that day, might have been brought or continued by or available against or to the former Corporation may be brought or continued by, and are or is available against or to, the State.

        (3)         As soon as is practicable after transition day, all papers, documents, minutes, books of account and other records (however compiled, recorded or stored) relating to the operations of the former Corporation are to be delivered to the Minister.

        [Section 49 inserted by No. 22 of 2016 s. 12.]



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