15Other assets, rights and liabilities

15 Other assets, rights and liabilities

15 Other assets, rights and liabilities

(1) This clause applies to any asset, right or liability of an existing area health service immediately before 1 January 2011 that is not otherwise transferred under this Part.

(2) An asset, right or liability to which this clause applies is, on 1 January 2011, transferred to a proposed local health network if:

(a) the asset, right or liability relates exclusively to one or more health facilities, and

(b) on that day each of those health facilities is controlled by the proposed local health network.

(3) Any asset, right or liability of an existing area health service to which this clause applies (other than an asset, right or liability referred to in subclause (2)) is, on 1 January 2011, transferred to the applicable health reform transitional organisation for the area health service.

Note—

Assets, rights and liabilities that may be transferred under this provision include obligations in respect of trust monies held by area health services, private practice income of staff specialists, bequests and donations held by area health services, litigation to which an area health service is a party or the intellectual property rights of an area health service.