Document ID: chunk:federal_register_of_legislation:C2020A00064:clause:3_21
Version: federal_register_of_legislation:C2020A00064
Segment Type: clause
Provision Reference: sch 3 cl 21
Character Range: 14196–14741

21  Subsection 422C(2)
Repeal the subsection, substitute:

Transfer of books to new controller
 (2) The former controller must transfer to the new controller possession or control of any books relating to the control of the property that are in the former controller's possession or control.
 (2A) The transfer must be made:
 (a) if the new controller is appointed instead of the former controller—within 5 business days after the new controller is appointed; or
 (b) otherwise—within 5 business days after the former controller ceases to act.