Commonwealth Numbered Acts

AGRICULTURAL AND VETERINARY CHEMICALS (ADMINISTRATION) ACT 1992 No. 262 of 1992 - SECT 75

75.(1) The Minister may cause to be transfered to the NRA any assets held by
the Commonwealth that the Minister considers appropriate to be transferred to
the NRA for the performance of its functions and the exercise of its powers.

(2) Subsection (1) does not prevent the Commonwealth from transferring any
asset to the NRA otherwise than under that subsection.

(3) If, immediately before the transfer:

   (a)  a right of the Commonwealth arising out of a debt, liability or
        obligation of any other person in favour of the Commonwealth existed
        in respect of the assets; or

   (b)  a debt, liability or obligation of the Commonwealth existed in respect
        of the assets; the right, debt, liability or obligation, as the case
        may be, of the Commonwealth is, by force of this section, transferred
        to the NRA.

(4) If, immediately before the transfer:

   (a)  proceedings by the Commonwealth were pending in a court; and

   (b)  the proceedings related to such a debt, liability or obligation; then,
        to the extent that the proceedings so relate, they may be continued by
        the NRA and the NRA is to be substituted for the Commonwealth.