South Australian Consolidated Acts

SOUTH AUSTRALIAN CO-OPERATIVE AND COMMUNITY HOUSING ACT 1991 - SECT 18A

18A—Transfer of property etc

        (1)         The Minister may with the concurrence of the Treasurer, by notice in the Gazette—

            (a)         transfer an asset, right or liability of the Minister to SAHT;

            (b)         transfer an asset, right or liability of SAHT—

                  (i)         to the Minister; or

                  (ii)         to a statutory corporation; or

                  (iv)         to the Crown, or to another agent or instrumentality of the Crown; or

                  (v)         in prescribed circumstances, subject to prescribed conditions (if any), and with the agreement of the person or body—to a person or body that is not an agent or instrumentality of the Crown.

        (2)         A notice under subsection (1) may make other provisions that in the opinion of the Minister are necessary or expedient in connection with the relevant transfer.

        (3)         However, the Minister must not act under subsection (1)(b) if to do so would contravene an express agreement entered into by the Minister that limits the Minister's powers in relation to SAHT under this Act.