Victorian Numbered Acts Victorian Numbered Acts(1) This section applies if—
(a) a project authority acquires an interest in land under section 112 or Division 6; and
(b) an easement of a utility or a right in the nature of an easement of a utility is extinguished on that acquisition.
(2) Nothing in section 24 of the Land Acquisition and Compensation Act 1986 has the effect of removing—
(a) a utility's ownership of any utility infrastructure; or
(b) any right (other than an interest in real property) arising under any existing agreement between utilities in relation to utility infrastructure; or
(c) any right (other than an interest in real property) conferred by an enactment on a utility in relation to utility infrastructure.
(3) The acquisition of the interest in land is not to be regarded as placing a utility in breach of, or as constituting a default or potential default under any obligation, undertaking, warranty or covenant in any agreement, arrangement or understanding between the utility and a third party, including, without limiting the generality of the foregoing, any provision prohibiting, restricting or regulating the assignment, transfer or disposal of any land or interest in land.