Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) The assets and liabilities of the former authority vest in the Territory.
(2) If an asset or liability that vests in the Territory is mentioned in a contract, agreement or arrangement, a reference to the former authority in the contract, agreement or arrangement is, in relation to anything happening or to happen in relation to the asset or liability after the vesting of the asset or liability in the Territory, a reference to the Territory.