Minister may direct transfer of property
27 Minister may direct transfer of property
The Minister may give a direction in writing to the former Board directing it to transfer, in accordance with the direction, property, rights or liabilities of a specified kind to the State.
Within 21 days after receiving a direction under subsection (1), the former Board must give to the Minister a statement approved by the Minister relating to the property, rights and liabilities of the former Board to which the direction relates, as at a date specified by the Minister for the purposes of this section.
A statement under this section—
must allocate the property, rights and liabilities of the former Board shown in the statement in accordance with the directions of the Minister; and
must be signed by the chief executive officer of the former Board.
If a statement under this section is approved by the Minister—
the Minister must sign the statement; and
the statement is an allocation statement for the purposes of this Part.
The Minister may at any time direct the former Board to amend a statement given to him or her under this section as specified in the direction.
An allocation statement under this section may be amended by writing signed by the Minister.
In this section, statement and allocation statement include a statement or allocation statement amended in accordance with this section.
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