Budget Savings (Omnibus) Act 2016 (55 of 2016)

Schedule 7   Abolishing the National Health Performance Authority

Part 2   Application and transitional provisions

Division 2   Transfer of assets and liabilities

15   Vesting of assets

(1) This item applies to the assets of the NHPA immediately before the transition time.

(2) At the transition time, the assets cease to be assets of the NHPA and become assets of the AIHW, without any conveyance, transfer or assignment. The AIHW becomes the successor in law in relation to the assets.