Metro Tasmania (Transitional and Consequential Provisions) Act 1997 (Tas)

Metro Tasmania (Transitional and Consequential Provisions) Act 1997

An Act to provide for the transfer of property, rights and liabilities to Metro Tasmania as the universal successor of the Metropolitan Transport Trust and to amend consequentially certain Acts and regulations [Royal Assent 14 January 1998]

Be it enacted by His Excellency the Governor of Tasmania, by and with the advice and consent of the Legislative Council and House of Assembly, in Parliament assembled, as follows:

1. Short title This Act may be cited as the Metro Tasmania (Transitional and Consequential Provisions) Act 1997 .

2. Commencement (1) Sections 1 , Sections 15 and 17 and this section and Schedules 2 and 4 commence on the day after the day on which this Act receives the Royal Assent. (2) Subject to subsection (1), this Act commences on the day proclaimed under section 2 of the Metro Tasmania Act 1997 .

3. Interpretation In this Act – Board means the board of directors of the Company; Company means the company referred to in the Metro Tasmania Act 1997 ; director means a director of the Company; incorporation day means the day on which the Company is incorporated; liabilities includes all liabilities, duties and obligations, whether actual, contingent or prospective; MTT employee means an employee, within the meaning of the Tasmanian State Service Act 1984 , who, immediately before the incorporation day, was appointed or employed for the purposes of the repealed Act; property means – (a) any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property; and (b) money, documents and securities; and (c) any other rights; repealed Act means the Metropolitan Transport Act 1954 ; rights includes all rights, powers, privileges and immunities, whether actual, contingent or prospective; Trust means the Metropolitan Transport Trust established under the repealed Act.