4
In forceTransfer of Fund assets and liabilities
Part IPreliminary
4 Transfer of Fund assets and liabilities
(1)
The assets and liabilities of the Fund are transferred to the
Central Holding Authority on the transfer date.
(2)
The assets and liabilities of the Fund must be recorded in the accounts of the Central Holding Authority.
(3)
The Fund is discontinued when all its assets and liabilities are transferred under subsection (1).
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