Document ID: chunk:federal_register_of_legislation:C2007A00117:clause:1_36r
Version: federal_register_of_legislation:C2007A00117
Segment Type: clause
Provision Reference: sch 1 cl 36R
Character Range: 20565–21235

36R  Internal transfer certificates—legal effect

 (1) When an internal transfer certificate comes into force in respect of a particular asset or liability, the receiving body becomes the successor in law of the transferring body, to the extent of the transfer.

 (2) In particular:
 (a) the asset or liability, wherever it is located, becomes an asset or liability (as applicable) of the receiving body without any transfer, conveyance or assignment; and
 (b) to the extent of the transfer, the duties, obligations, immunities, rights and privileges applying to the transferring body apply to the receiving body.

Division 5—Engagements of employees and contractors