23E
CurrentTransfer of assets, &c., to or from Authority by agreement
Part 4BTransfer of Assets
23E Transfer of assets, &c., to or from Authority by agreement
The Authority, the Crown and a non-Crown entity may agree to the transfer of assets, liabilities and contracts between the Authority, the Crown and the non-Crown entity.
The transfer of major assets, liabilities or contracts is of no effect unless the Minister approves the transfer agreement.
Assets, liabilities and contracts may be transferred by a combination of transfer notice and transfer agreement.
This Act’s bill:Explanatory notesSecond reading speech
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