Commentary on Sections Section 5 - Schemes for transfer of Assets and Liabilities
Requires the Department to make a scheme or schemes for the transfer of the assets and liabilities of the Regional Board. It also introduces Schedule 3 which deals with the transfer of assets and liabilities of the Regional Board, including the transfer of its employed staff. Schedule 3 also provides for continuity in terms of providing that a transfer scheme does not affect the validity of anything done by or to the Regional Board (including legal proceedings) before the transfer date.