This note is not part of the order, but is intended to indicate its general effect.
This order, which comes into force on 31 July 2002, gives Housing New Zealand Corporation the status of a transferee under the Health Sector (Transfers) Act 1993. Under that Act assets and liabilities may be vested in an entity that has that status. An entity of that kind may also become the owner of land that is held subject to certain statutory restrictions within the health sector.
The order also approves a proposal for the transfer from Hutt DHB to Housing New Zealand Corporation of certain properties in Lower Hutt, which are intended to be used as a community rehabilitation facility. Housing New Zealand Corporation may not, without the consent of the Minister of Health, sell the properties or use them for purposes other than health-related purposes.