Queensland Consolidated Acts

TRANSPORT OPERATIONS (PASSENGER TRANSPORT) ACT 1994 - SECT 48

48 Transfer or surrender of service contracts etc.

(1) The holder of a service contract may, with the chief executive’s approval—

(a) transfer to another person all the holder’s rights and liabilities in relation to providing future services under the contract; or

(b) if the contract relates to more than 1 area, route or service, transfer to another person all the holder’s rights and liabilities in relation to providing future services under the contract for 1 or more of the areas, routes or services; or

(c) surrender the contract.

(2) On the transfer of rights and liabilities under subsection (1) , for all purposes of this Act—

(a) the transferee becomes the holder of a new service contract consisting of the transferred rights and liabilities for the remaining period of the original contract; and

(b) the transferor becomes the holder of a new service contract for the balance of the original rights and liabilities under the contract.

Example—

If an original service contract is for 2 school service routes, and 1 of the routes is transferred under this section, there are now 2 separate contracts for the purposes of an entitlement to a first opportunity to an offer for a new contract under section 62AC .