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Coal Industry Act 2001
6Transfer of assets, rights and liabilities of Joint Coal Board
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6 Transfer of assets, rights and liabilities of Joint Coal Board
6 Transfer of assets, rights and liabilities of Joint Coal Board
(1) On the dissolution date, the assets, rights and liabilities of the Joint Coal Board are transferred to the Ministerial Holding Corporation.
(2) However, any such asset that is a Commonwealth record (within the meaning of the Archives Act 1983 of the Commonwealth) is excluded from the transfer unless the National Archives of Australia has given permission, under section 24 (2) (b) of that Act, for the transfer.
(3) Schedule 2 applies to the transfer effected by this section.