sec.48Transfer or surrender of service contracts etc.

### sec.48 Transfer or surrender of service contracts etc. The holder of a service contract may, with the chief executive’s approval— transfer to another person all the holder’s rights and liabilities in relation to providing future services under the contract; or if the contract relates to more than 1 area, route or service, transfer to another person all the holder’s rights and liabilities in relation to providing future services under the contract for 1 or more of the areas, routes or services; or surrender the contract. On the transfer of rights and liabilities under subsection (1) , for all purposes of this Act— the transferee becomes the holder of a new service contract consisting of the transferred rights and liabilities for the remaining period of the original contract; and the transferor becomes the holder of a new service contract for the balance of the original rights and liabilities under the contract. If an original service contract is for 2 school service routes, and 1 of the routes is transferred under this section, there are now 2 separate contracts for the purposes of an entitlement to a first opportunity to an offer for a new contract under section 62AC . s 48 amd 1997 No. 66 s 73 sub 2000 No. 6 s 55 (sec.48-ssec.1) The holder of a service contract may, with the chief executive’s approval— transfer to another person all the holder’s rights and liabilities in relation to providing future services under the contract; or if the contract relates to more than 1 area, route or service, transfer to another person all the holder’s rights and liabilities in relation to providing future services under the contract for 1 or more of the areas, routes or services; or surrender the contract. (sec.48-ssec.2) On the transfer of rights and liabilities under subsection (1) , for all purposes of this Act— the transferee becomes the holder of a new service contract consisting of the transferred rights and liabilities for the remaining period of the original contract; and the transferor becomes the holder of a new service contract for the balance of the original rights and liabilities under the contract. If an original service contract is for 2 school service routes, and 1 of the routes is transferred under this section, there are now 2 separate contracts for the purposes of an entitlement to a first opportunity to an offer for a new contract under section 62AC . - (a) transfer to another person all the holder’s rights and liabilities in relation to providing future services under the contract; or - (b) if the contract relates to more than 1 area, route or service, transfer to another person all the holder’s rights and liabilities in relation to providing future services under the contract for 1 or more of the areas, routes or services; or - (c) surrender the contract. - (a) the transferee becomes the holder of a new service contract consisting of the transferred rights and liabilities for the remaining period of the original contract; and - (b) the transferor becomes the holder of a new service contract for the balance of the original rights and liabilities under the contract.