Document ID: chunk:federal_register_of_legislation:C2011A00152:clause:2_21
Version: federal_register_of_legislation:C2011A00152
Segment Type: clause
Provision Reference: sch 2 cl 21
Character Range: 22472–23309

21  Legal proceedings of the Commonwealth or the ACRE Board
(1) This item applies to any proceedings:
 (a) that were pending in any court or tribunal immediately before the first transition time; and
 (b) to which the Commonwealth or the ACRE Board was a party.
(2) If the proceedings relate to:
 (a) a transferred Commonwealth funding agreement; or
 (b) an asset or liability that, as a result of the operation of item 3, becomes an asset or liability of ARENA;
then ARENA is, at and after the first transition time, taken to be substituted for the Commonwealth or the ACRE Board as a party to the proceedings.
(3) If the ACRE Board is a party to the proceedings and subitem (2) does not apply, then the Commonwealth is, at and after the first transition time, taken to be substituted for the ACRE Board as a party to the proceedings.