(1) Subject to this section, a transfer of a * provisionally allocated place to which this Subdivision applies from one person to another takes effect on the transfer day.
(2) The transfer day is the day that is:
(a) the proposed transfer day specified in the transfer notice; or
(b) if another day is, by operation of this Act, the proposed transfer day--that other day.
(3) The transfer of a * place does not occur if a veto notice has been given rejecting the transfer and the notice is in effect on the transfer day.
(4) The transfer of a * place does not occur if the transferee is not an approved provider on the transfer day.