Regulations may deal
with any matter in relation to the transition from a person who is, or has
been, the Coordinator or an Interim Coordinator (the previous Coordinator ) to
a person who subsequently is to, or has, become the Coordinator or an Interim
Coordinator (the subsequent Coordinator ) and may (without limitation), deal
with, or with any matter in relation to the following —
(a) the
transfer of funds from the Scheme Account established by the previous
Coordinator, or the subsequent Coordinator’s access to that Scheme
Account or funds in that Scheme Account;
(b) the
novation, from the previous Coordinator to the subsequent Coordinator, of any
agreement or class of agreements the previous Coordinator has entered into in
relation to the scheme (despite anything in the agreements to the contrary);
(c) the
amendment, modification, assignment or termination of any agreement or class
of agreements the previous Coordinator has entered into in relation to the
scheme (despite anything in the agreements to the contrary);
(d) the
production of documents in the previous Coordinator’s possession to the
subsequent Coordinator;
(e) the
provision of information, databases, assets or assistance by the previous
Coordinator to the subsequent Coordinator.
[Section 47ZX inserted: No. 5 of 2019 s. 6.]
[Heading inserted: No. 5 of 2019 s. 6.]