Document ID: chunk:federal_register_of_legislation:C2016A00003:clause:1_18
Version: federal_register_of_legislation:C2016A00003
Segment Type: clause
Provision Reference: sch 1 cl 18
Character Range: 24391–26295

18  After subsection 97F(2)
Insert:
 (2A) If:
 (a) a body corporate ceases to be a Commonwealth authority at a particular time (the cessation time); and
 (b) the body corporate continues in existence;
the principal officer of the body corporate must, on request by Comcare, give Comcare the information specified in the request, so long as the information is needed by Comcare to enable it:
 (c) to determine an exit contribution under section 97CA; or
 (d) to determine a regulatory contribution under section 97DA;
in relation to the body corporate.
 (2B) If:
 (a) a body corporate (the first body corporate) ceases to be a Commonwealth authority at a particular time (the cessation time); and
 (b) the first body corporate ceases to exist at the cessation time; and
 (c) under a law of the Commonwealth that was in force at the cessation time, another body corporate (the successor) becomes the successor in law of the liabilities of the first body corporate;
the principal officer of the successor must, on request by Comcare, give Comcare the information specified in the request, so long as the information is needed by Comcare to enable it:
 (d) to determine an exit contribution under section 97CB; or
 (e) to determine a regulatory contribution under section 97DA;
in relation to the successor.
 (2C) If the Australian Capital Territory ceases to be a Commonwealth authority, the principal officer of the Australian Capital Territory must, on request by Comcare, give Comcare the information specified in the request, so long as the information is needed by Comcare to enable it:
 (a) to determine an exit contribution under section 97CC; or
 (b) to determine a regulatory contribution under section 97DA;
in relation to the Australian Capital Territory.
 (2D) For the purposes of paragraph (2B)(c), liability means any liability, duty or obligation, whether actual, contingent or prospective.