Document ID: chunk:federal_register_of_legislation:C2004A00800:section:4
Version: federal_register_of_legislation:C2004A00800
Segment Type: section
Provision Reference: s 4
Character Range: 1186–2530

4  Dissolution of Joint Coal Board etc.

 (1) The Joint Coal Board is dissolved in so far as it is constituted under the Coal Industry Act 1946.

 (2) It is the intention of the Parliament that a law of New South Wales may:
 (a) make provision for the transfer of the assets, rights and liabilities of the Joint Coal Board; and
 (b) make provision for the transfer of the members of staff of the Joint Coal Board immediately before the dissolution of the Board; and
 (c) make provision for any other matter that is incidental to the dissolution of the Joint Coal Board.

Note: Section 5 places a restriction on the transfer of Commonwealth records under such a law of New South Wales.

 (3) In this section:

assets means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description (including money), and includes securities, choses in action and documents.

Joint Coal Board means the body corporate constituted under:
 (a) the Coal Industry Act 1946; and
 (b) the Coal Industry Act 1946 of New South Wales.

liabilities means all liabilities, debts and obligations (whether present or future and whether vested or contingent).

rights means all rights, powers, privileges and immunities (whether present or future and whether vested or contingent).