278Minister may direct transfer of DPT property etc. to Secretary

278 Minister may direct transfer of DPT property etc. to Secretary (1) The Minister may give a direction in writing to the Director directing the Director to transfer to the Secretary, in accordance with the direction— (a) property and related rights and related liabilities of the Director of a specified kind; (b) relevant agreement rights and relevant agreement liabilities of a specified kind. (2) The Director must give to the Minister a statement containing the information required by the Minister relating to the property and related rights and related liabilities of the Director, and relevant agreement rights and relevant agreement liabilities to which the direction relates, as at the date specified by the Minister for the purposes of this section. (3) A statement under this section— (a) must allocate the property and related rights and related liabilities of the Director, relevant agreement rights and relevant agreement liabilities shown in the statement in accordance with the directions of the Minister; and (b) must be signed by the Director. (4) 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 Division. (5) The Minister may at any time direct the Director to amend a statement given to him or her under this section as specified in the direction. (6) An allocation statement under this section may be amended by writing signed by the Minister. (7) The Minister, by notice published in the Government Gazette, may fix a relevant date for the purposes of an allocation statement under this section. (8) In this section, ***statement*** and ***allocation statement*** include a statement or allocation statement amended in accordance with this section. S. 279 inserted by No. 34/2011 s. 101.