(1) A relevant authorisation granted, issued or transferred to the Darwin Port Corporation or to a new port operator may not be suspended or cancelled on the ground of:
(a) the conversion of the Darwin Port Corporation or the new port operator into a different kind of entity; or
(b) any change in officers or shareholders resulting from that conversion or under a transaction arrangement.
(2) Subsection (3) applies to anything done by the Darwin Port Corporation in relation to port assets in compliance with a term, condition or endorsement of a relevant authorisation.
(3) The thing is to be taken to have been done by a new port operator for the purposes of any corresponding term, condition or endorsement of a relevant authorisation granted, issued or transferred to the new port operator under section 24 .