Document ID: chunk:federal_register_of_legislation:C2022A00079:clause:1_339
Version: federal_register_of_legislation:C2022A00079
Segment Type: clause
Provision Reference: sch 1 cl 339
Character Range: 120210–120781

339  Transfer of assets and liabilities at the ABCC abolition time
(1) At the ABCC abolition time, the assets and liabilities of the Australian Building and Construction Commission are transferred to the Office of the Fair Work Ombudsman.
(2) The Fair Work Ombudsman must make the arrangements necessary to give effect to the transfer.
Note: For example, the Fair Work Ombudsman must arrange for money in an account in the name of the Australian Building and Construction Commission to be transferred into an account in the name of the Office of the Fair Work Ombudsman.