Document ID: chunk:federal_register_of_legislation:C2012A00149:clause:2_3
Version: federal_register_of_legislation:C2012A00149
Segment Type: clause
Provision Reference: sch 2 cl 3
Character Range: 5587–6405

3  Transfer of liabilities from Commonwealth to National Portrait Gallery of Australia
(1) This item applies to the liabilities of the Commonwealth immediately before the transition time that are for the purposes of the National Portrait Gallery program.
(2) At the transition time, the liabilities cease to be liabilities of the Commonwealth and become liabilities of the National Portrait Gallery of Australia without any conveyance, transfer or assignment. The Gallery becomes the successor in law in relation to the liabilities.
(3) The Minister may, by writing, determine that subitem (1) does not apply in relation to a specified liability.
Note: For specification by class, see subsection 33(3AB) of the Acts Interpretation Act 1901.
(4) A determination made under subitem (3) is not a legislative instrument.