15   Transfer of assets, rights and liabilities of Corporation

(1)  The Minister may, by order in writing, transfer to a State owned corporation, a subsidiary of the Corporation, the Crown, a local authority or any other person or body acting on behalf of the Crown specified in the order any assets, rights or liabilities of the Corporation.

(2)  The Minister may, by further order under this section, further transfer any assets, rights or liabilities previously transferred under this section.

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

(4)  Schedule 1 applies to the transfer of assets, rights and liabilities under this section.