24Transfer of property and liabilities

24 Transfer of property and liabilities

(1)  The Minister, by notice published in the Gazette, may transfer one or more of the following, as specified in the notice, to TasTAFE:

(a) any property and rights, other than Crown land, of the Crown;

(b) any liabilities and obligations, whether actual, prospective or contingent, of the Crown.

(2)  On the day on which a notice under subsection (1) takes effect –

(a) each property and right transferred under the notice vests in TasTAFE; and

(b) each liability and obligation transferred under the notice becomes a liability and obligation of TasTAFE.

(3)  A notice under subsection (1)  –

(a) takes effect on the day on which it is published in the Gazette or such later day as is specified in the notice; and

(b) is not a statutory rule for the purposes of the Rules Publication Act 1953 .