320Minister may direct transfer of property of Secretary etc. to TSC

320 Minister may direct transfer of property of Secretary etc. to TSC (1) The Minister may give a direction in writing to the Secretary directing the Secretary to transfer to the TSC, in accordance with the direction— (a) property and related rights and related liabilities of the Secretary of a specified kind; (b) relevant agreement rights and relevant agreement liabilities of a specified kind. (2) The Secretary 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 Secretary, 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 Secretary, 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 Secretary. (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 Secretary 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. 321 inserted by No. 34/2011 s. 125.