Commonwealth Numbered Acts

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HEARING SERVICES AND AGHS REFORM ACT 1997 No. 82 of 1997 - SECT 12

12 Transfer of liabilities

(1) This section applies to a liability of the Commonwealth that related or
relates to the AGHS.

(2) The Minister may, by writing, make any or all of the following
declarations:

   (a)  a declaration that a specified liability ceases to be a liability of
        the Commonwealth and becomes a liability of the nominated company at a
        specified time;

   (b)  a declaration that a specified instrument relating to a specified
        liability continues to have effect after the liability becomes a
        liability of the nominated company as if a reference in the instrument
        to the Commonwealth were a reference to the nominated company;

   (c)  a declaration that the nominated company becomes the Commonwealth's
        successor in law in relation to a specified liability immediately
        after the liability becomes a liability of the nominated company.

(3) A declaration under subsection (2) has effect accordingly.

(4) A copy of a declaration under subsection (2) is to be published in the
Gazette within 14 days after the making of the declaration.

(5) A time specified under paragraph (2)(a) must be a time when the nominated
company is Commonwealth-owned. Note: A liability or instrument may be
specified by name, by inclusion in a specified class or in any other way. 


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