Health Services Act 1997

On the repeal of the New South Wales Institute of Psychiatry Act 1964 by the amending Act—

the body corporate known as “The New South Wales Institute of Psychiatry” is dissolved, and

each person appointed as a member of that body corporate ceases to hold office as such a member, and

any assets, rights and liabilities (if any) of that body corporate become the assets, rights and liabilities of the Health Education and Training Institute, and

the accounts called “The New South Wales Institute of Psychiatry Account” and the “House Account” are abolished, and

any balance standing to the credit of those accounts is transferred to the Health Education and Training Institute.

A person who ceases to hold office as a member of the New South Wales Institute of Psychiatry is not entitled to any remuneration or compensation because of the loss of that office.

Subject to this Schedule and the regulations, a reference in any Act or instrument to the New South Wales Institute of Psychiatry is taken to be a reference to the Health Education and Training Institute.

In this clause—