Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Minister may, by written instrument, declare that the rights and obligations of a CFM body under a specified contract on a specified day:
(a) cease to be rights and obligations of the CFM body; and
(b) become rights and obligations of the specified transferee.
(2) The declaration has effect accordingly.
(3) A Minister must as soon as practicable, but no later than 21 days after making the declaration, publish the declaration in the Gazette .
Note: A contract or instrument may be specified by name, by inclusion in a specified class or in any other way.