16Application and interpretation

16 Application and interpretation

16 Application and interpretation

(1) This Division applies to the following orders under this Part:

(a) an order under section 5 transferring any assets, rights or liabilities to the approved purchaser,

(b) an order under section 8 transferring or further transferring any assets, rights or liabilities to the Crown or to a relevant body,

(c) an order under section 13 transferring any assets, rights or liabilities to a relevant body.

(2) In this Division, the body from whom any assets, rights or liabilities are transferred is called the transferor and the body to whom they are transferred is called the transferee.