173BTransfer of MSP easements

#### 173B Transfer of MSP easements Gazette notice by authorised person (1) An authorised person may, by notice in the Gazette, specify: (a) an MSP easement; and (b) a transfer type for the easement, being either a full transfer or half transfer; and (c) one or 2 transferees in the case of a full transfer, or one transferee in the case of a half transfer; and (d) the transfer day for the easement. Full transfer (2) If the notice specifies a full transfer, then the MSP easement specified in the notice: (a) ceases to be an asset of the Commonwealth; and (b) becomes an asset of the transferee or, in the case of 2 transferees, becomes an asset of the transferees as tenants in common in equal shares. Half transfer (3) If the notice specifies a half transfer, then the MSP easement specified in the notice: (a) ceases to be an asset of the Commonwealth; and (b) becomes an asset of the transferee and the Commonwealth as tenants in common in equal shares. When transfer happens etc. (4) A change in the ownership of an MSP easement under this section happens: (a) at the beginning of the transfer day; and (b) by force of this section. Commonwealth may receive payment for transfer (5) The Commonwealth may receive a payment for a change of ownership under this section. Multiple easements in same Gazette notice (6) A single notice under subsection (1) may cover more than one MSP easement, in which case this section applies separately to each of the easements covered by the notice.