means the Port of Melbourne new corporation S. 165 def. of Corporation established under Part 10; new corporation inserted by No. 85/2003 s. 20(b). means any legal or equitable estate or property interest (whether present or future and whether vested or contingent) in real or personal property of any description; means all rights, powers, privileges and rights immunities, whether actual, contingent or prospective; means an instrument subsisting VCA instrument immediately before the relevant date— (a) to which VCA was a party; or (b) that was given in favour of VCA; or (c) that refers to VCA; or (d) under which— (i) money is or may become payable to or by VCA; or (ii) other property is to be or may become liable to be transferred to or by VCA. Division 2—Allocation of property etc. 166 Treasurer may direct transfer of property etc. New s. 166 inserted by (1) The Treasurer, after consultation with the No. 23/2003 Minister, may give a direction in writing to VCA s. 24. directing it to transfer, in accordance with the direction, property, rights and liabilities of a specified kind to the new corporation. (2) Within 21 days after receiving a direction under subsection (1), VCA must give to the Treasurer a statement approved by the Treasurer relating to
S. 165 def. of new corporation inserted by No. 85/2003 s. 20(b). new corporation means the Port of Melbourne Corporation established under Part 10; property means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description; rights means all rights, powers, privileges and immunities, whether actual, contingent or prospective; VCA instrument means an instrument subsisting immediately before the relevant date— (a) to which VCA was a party; or (b) that was given in favour of VCA; or (c) that refers to VCA; or (d) under which— (i) money is or may become payable to or by VCA; or (ii) other property is to be or may become liable to be transferred to or by VCA. Division 2—Allocation of property etc. New s. 166 inserted by No. 23/2003 s. 24. 166 Treasurer may direct transfer of property etc. (1) The Treasurer, after consultation with the Minister, may give a direction in writing to VCA directing it to transfer, in accordance with the direction, property, rights and liabilities of a specified kind to the new corporation. (2) Within 21 days after receiving a direction under subsection (1), VCA must give to the Treasurer a statement approved by the Treasurer relating to
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