Document ID: chunk:federal_register_of_legislation:C2004C01135:clause:2_1061zzek
Version: federal_register_of_legislation:C2004C01135
Segment Type: clause
Provision Reference: sch 2 cl 1061ZZEK
Character Range: 131505–132131

1061ZZEK  Transfer of corporation's rights to Commonwealth

 (1) The corporation's rights referred to in subsection (2) are transferred to the Commonwealth, by this subsection, at the earlier of:
 (a) the time when the corporation stopped making payments under the contract; or
 (b) the end of 4 weeks after the time when the notice was given.

 (2) The rights transferred are the corporation's rights under the contract that relate to payment of financial supplement during the period:
 (a) beginning at the start of the contract period; and
 (b) ending at the end of the period of 4 weeks referred to in paragraph (1)(b).