102Secretary to prepare allocation statement or statements

102 Secretary to prepare allocation statement or statements

(1) The Secretary must give the Minister within the period approved by the Minister, a statement or statements approved by the Minister relating to the property, rights and liabilities of the Crown that relate to the activities of the SRLA (AO) as at the relevant date.

(2) A statement under this section—

(a) must allocate to the Authority all the property, rights and liabilities of the Crown that relate to the activities of the SRLA (AO); and

(b) must be signed by Secretary.

(3) If a statement under this section is approved by the Minister—

(a) the Minister must sign the statement; and

(b) the statement is an allocation statement for the purposes of this Part.

(4) The Minister may at any time direct the Secretary to amend a statement given to them under this section as specified in the direction.

(5) An allocation statement under this section may be amended by writing signed by the Minister.

(6) In this section, statement and allocation statement include a statement or allocation statement amended in accordance with this section.