(1) The Director-General of Social Welfare may transfer to the chief executive specified responsibilities for the administration of a contract or lease or any specified benefit, or specified burden, of a contract or lease if—
(a) the Director-General, or the Department of Social Welfare, or the Crown acting by or through the Director-General or the department, is a party to the contract or lease; and
(b) the contract or lease is in force at the commencement of this Act; and
(c) the contract or lease relates—
(i) to the functions of the unit of the Department of Social Welfare called the Children, Young Persons and Their Families Agency; and
(ii) to the functions of any other unit of the Department of Social Welfare, or to the functions of another department, or to both.
(2) A transfer may be made under subsection (1) only if—
(a) the chief executive agrees to the transfer; and
(b) a notice in writing of the transfer is delivered to the chief executive, and to every other party to the contract or lease.
(3) A transfer made under subsection (1) is binding on every party to the contract or lease.