New South Wales Consolidated Acts

TRANSPORT ADMINISTRATION ACT 1988 - SECT 106D

106D Transfer of certain assets, rights and liabilities of STA to Sydney Ferries

(1) The Minister may, by order in writing, direct that the assets, rights and liabilities of the State Transit Authority, or any subsidiary of the Authority, that are specified or referred to in the order, be transferred to Sydney Ferries or to the Crown.

(2) An order under this section may be subject to specified terms and conditions.

(3) Schedule 4 applies to the transfer of assets, rights and liabilities under this section.

(4) Words and expressions used in this section have the same meanings as they have in Schedule 4.