Document ID: chunk:federal_register_of_legislation:C2012C00787:section:68
Version: federal_register_of_legislation:C2012C00787
Segment Type: section
Provision Reference: s 68
Character Range: 47296–47911

68  Transfer of rights and obligations

 (1) The Minister may, by written instrument, declare that the rights and obligations of a CFM body under a specified contract on a specified day:
 (a) cease to be rights and obligations of the CFM body; and
 (b) become rights and obligations of the specified transferee.

 (2) The declaration has effect accordingly.

 (3) A Minister must as soon as practicable, but no later than 21 days after making the declaration, publish the declaration in the Gazette.

Note: A contract or instrument may be specified by name, by inclusion in a specified class or in any other way.