Canada Marine Act
Marginal note:Rights and obligations preserved
82 The rights and obligations of a person who enters into an agreement under subsection 80(5) are, where the agreement so provides and the Minister has published a notice in the Canada Gazette to that effect, as follows:
(a) the name of the person shall be substituted for that of the Authority in every contract, collective agreement, lease, licence, permit or other document entered into or granted by the Authority, other than those set out specifically or by class in the agreement and notice; and
(b) the personal property, and any rights related to the property, that the Authority administers, or the title to which it holds, on behalf of Her Majesty in right of Canada, whether or not in its own name, other than those set out specifically or by class in the agreement and notice, become the property and rights of the person.
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