Victorian Current Acts Victorian Current ActsS. 153TS(1)
amended by No. 10/1998
s. 10(1)(a).
(1) The TCO must give to the Treasurer and the Minister, within the period of 3 months after the date on which the TCO is nominated under section 153TR or within such longer period as the Treasurer and the Minister approve, a statement or statements approved by the Minister relating to the property, rights and liabilities of the TCO as at a date specified by the Minister for the purposes of the relevant statement.
(2) A statement under this section—
(a) must allocate the property, rights and liabilities of the TCO shown in the statement to, or between, the person or persons nominated in writing by the Minister;
(b) must be signed by the chief executive officer of the TCO.
(3) If a statement under this section is approved by the Treasurer and the Minister—
(a) the Treasurer and the Minister must sign the statement; and
(b) the statement is an allocation statement for the purposes of this Part.
(4) The Treasurer and the Minister may at any time direct the TCO to amend a statement given to them under this section as specified in the direction.
(5) An allocation statement under this section may be amended by writing signed by the Treasurer and the Minister.
(6) A direction under subsection (4) or an amendment under subsection (5) that would affect a person or persons nominated by the Minister under subsection (1) must not be given or made unless that person or those persons are, or are wholly owned by, the State or a statutory authority or have consented in writing to the direction or amendment.
(7) In this section, statement and allocation statement include a statement or allocation statement amended in accordance with this section.
S. 153TT inserted by No. 35/1997 s. 25.