30Re‑transfer of liabilities

#### 30 Re‑transfer of liabilities (1) This section applies to a liability that became a liability of the Commonwealth under section 29. (2) The Minister may, by writing, make any or all of the following declarations: (a) a declaration that a specified liability ceases to be a liability of the Commonwealth and becomes a liability of the ACA at a specified time; (b) a declaration that a specified instrument relating to a specified liability continues to have effect after the liability becomes a liability of the ACA as if a reference in the instrument to the Commonwealth were a reference to the ACA; (c) a declaration that the ACA becomes the Commonwealth’s successor in law in relation to a specified liability immediately after the liability becomes a liability of the ACA. > Note: A liability or instrument may be specified by name, by inclusion in a specified class or in any other way. (3) A declaration under subsection (2) has effect accordingly. (4) A time specified under subsection (2) must be before 1 January 1998.