65ETransport Restructuring Order may constitute a new sector transport agency

65E Transport Restructuring Order may constitute a new sector transport agency (1) A Transport Restructuring Order may constitute a new sector transport agency. (2) A Transport Restructuring Order under subsection (1) may confer— S. 65E(2)(a) amended by No. 49/2019 s. 38. (a) a duty, function or power which is conferred on the Secretary or a sector transport agency under any transport legislation; or S. 65E(2)(b) amended by No. 49/2019 s. 38(b). (b) all of the duties, functions or powers which are conferred on a sector transport agency under any transport legislation— on the new sector transport agency. (3) A new sector transport agency constituted under subsection (1)— (a) is a body corporate with perpetual succession; (b) has an official seal; (c) may sue and be sued; (d) may acquire, hold and dispose of real and personal property; (4) If only some of the duties, functions or powers of a sector transport agency are conferred under subsection (2), the duties, functions or powers may be conferred subject to any of the following— (a) the duties, functions or powers are to be performed or exercised concurrently or only by the new sector transport agency; (b) the duties, functions or powers are to be performed or exercised by the new sector transport agency for a period specified in the Transport Restructuring Order or on an ongoing basis. S. 65F inserted by No. 3/2017 s. 3.