On the commencement
day —
(a) the
ownership of the Kambalda Water and Wastewater Facilities is by virtue of this
section transferred to the Water Corporation; and
(b) any
claim, right, title or interest of any other person in respect of —
(i)
the transferred facilities as they existed immediately
before the commencement day; or
(ii)
any thing that formed part of the transferred facilities
immediately before that day,
is extinguished by the
operation of paragraph (a).