sec.92BDRetransfer direction

### sec.92BD Retransfer direction The Minister may, on or before 30 June 2013, give a direction (a retransfer direction ) to any of the following (a relevant entity ) to do anything the Minister considers necessary or desirable to achieve the retransfer— Allconnex; any of the withdrawn councils. Without limiting subsection (1) , a retransfer direction may be about both or either of the following— executing an instrument; disclosing information. A retransfer direction must be in writing and signed by the Minister. If a relevant entity is given a retransfer direction— the entity must comply with the direction; and if the entity is Allconnex—its board must take the action necessary to ensure Allconnex complies with the direction. Maximum penalty for subsection (4) —1,000 penalty units. s 92BD ins 2012 No. 1 s 23 amd 2012 No. 13 s 11 (retro) (sec.92BD-ssec.1) The Minister may, on or before 30 June 2013, give a direction (a retransfer direction ) to any of the following (a relevant entity ) to do anything the Minister considers necessary or desirable to achieve the retransfer— Allconnex; any of the withdrawn councils. (sec.92BD-ssec.2) Without limiting subsection (1) , a retransfer direction may be about both or either of the following— executing an instrument; disclosing information. (sec.92BD-ssec.3) A retransfer direction must be in writing and signed by the Minister. (sec.92BD-ssec.4) If a relevant entity is given a retransfer direction— the entity must comply with the direction; and if the entity is Allconnex—its board must take the action necessary to ensure Allconnex complies with the direction. Maximum penalty for subsection (4) —1,000 penalty units. - (a) Allconnex; - (b) any of the withdrawn councils. - (a) executing an instrument; - (b) disclosing information. - (a) the entity must comply with the direction; and - (b) if the entity is Allconnex—its board must take the action necessary to ensure Allconnex complies with the direction.