(1) The Minister may, in writing, declare that a stated asset or liability of the Territory vest in a stated health profession board.
(2) The asset or liability vests in the health profession board by force of this section.
(3) If an asset or liability vested in a health profession board under this section is mentioned in a contract, agreement or arrangement, any reference to the Territory in the contract, agreement or arrangement is (except in relation to matters that happened before the vesting) a reference to the health profession board.
(4) A declaration under this section is a notifiable instrument.
Note A notifiable instrument must be notified under the Legislation Act.