Water Resources Legislation Amendment Act 2007

If an asset or liability of the Commission cannot be properly assigned to the State or the Ministerial Body by the operation of this Division (whether because the matter is governed otherwise than by the law of the State or for any other reason) —

the Commission is to be taken to continue to hold that asset or be liable for that liability until it is effectively assigned to the State or the Ministerial Body in accordance with this Division; and

the Commission is to take all practicable steps for the purpose of ensuring that the asset or liability is effectively assigned to the State or the Ministerial Body in accordance with this Division.

The fact that subsection (1)(a) applies to an asset or liability that is assigned to the State or the Ministerial Body under this Division does not affect the duty of the accountable authority of the Department under the Financial Management Act 2006.

Despite the repeal of the repealed Act, the Commission continues in existence for the purpose of performing the functions described in subsection (1).

The Commission is to perform the functions referred to in subsection (3) through a person appointed by the Minister.

The person holds office at the pleasure of the Minister and on such terms and conditions as the Minister determines.

The Commission as continued by this section has the powers that are necessary or convenient for the purposes of this section.