SCHEDULE 1 - Savings and Trans SCHEDULE 1 - Savings and Transitional Provisions if School Association dissolved

Section 110(2)

1.   Interpretation

In this Schedule –

transfer notice means a notice under clause 3(1) ;

transferred liability means any liability or obligation belonging to a school association or its members (in their capacity as members of the association) immediately before the school association is dissolved by the Minister and which is specified in a transfer notice;

transferred property means any property or right vested in a school association or its members (in their capacity as members of the association) immediately before the school association is dissolved by the Minister and which is specified in a transfer notice.

2.   Application of Schedule

This Schedule applies in relation to the dissolution of a school association by the Minister under section 110 .

3.   Property, rights, liabilities and obligations

(1) If the Minister dissolves a school association under section 110 , the Minister, by notice published in the Gazette, may –

(a) transfer any property or right vested in, and any liability or obligation, whether actual, prospective or contingent, belonging to, that school association or its members (in their capacity as members) to another school association, any other person or the Crown; and

(b) provide for any matters that are incidental to the transfer of any such property, right, liability or obligation.

(2) On the day specified in the notice under subclause (1)  –

(a) transferred property vests in the school association, the person or the Crown as specified in that notice in accordance with the transfer specified in the notice; and