Document ID: chunk:federal_register_of_legislation:C2004A01262:clause:1_79
Version: federal_register_of_legislation:C2004A01262
Segment Type: clause
Provision Reference: sch 1 cl 79
Character Range: 36929–38025

79  Transfer of liabilities of the Organisation

(1) The Science Minister may, in writing, make any or all of the following declarations in relation to a liability of the Organisation that is connected with the Organisation's metrological functions:
 (a) a declaration that the liability vests in the Commonwealth on the proclamation day without any conveyance, transfer or assignment;
 (b) a declaration that a specified instrument relating to the liability continues to have effect on and after the proclamation day as if a reference in the instrument to the Organisation were a reference to the Commonwealth;
 (c) a declaration that the Commonwealth becomes the Organisation's successor in law in relation to the liability at the beginning of the proclamation day.

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

(2) The declaration has effect accordingly.

(3) A copy of the declaration is to be published in the Gazette within 14 days after either the making of the declaration or the proclamation day, whichever is later.