Section 32: Power to make rules

32. Power to make rules.—(1) The Federal Government may make rules for carrying out the purposes of this Act. (2) In particular and without prejudice to the generality of the foregoing power, such rules may provide for, or may empower a Board to make orders providing for, all or any of the following matters, namely :— (i) the determination of the question whether any property pertains to the business of such establishment relating to the industry or whether any assets, rights, debts, liabilities or obligations, were acquired or incurred, or any contract, agreement or other instrument was made, in respect of or for the purposes of such business or whether any documents relate to those purposes; (ii) the allocation of the paid up capital, or assets representing paid up capital, as the case may be, between such business and any other business; (iii) the substitution of any agreement entered into partly for the purposes of such business and partly for other purposes by a separate agreement relating solely to such business and for any apportionment of rights, obligations and indemnities consequent thereon; (iv) the severance of a lease comprising property of which part only is used for purposes of such business and for apportionment of right and liabilities consequent on such severance; (v) the apportionment and the making of financial adjustments with respect to any debts, liabilities or obligations incurred by the establishment partly for the purposes of such business and partly for other purposes and for any necessary variation of mortgages and encumbrances relating to such debts, liabilities or obligations ; and (vi) for the apportionment of the moneys and other assets belonging to any .provident or superannuation funds, or any other like fund to which the provisions of section 25 do not apply, between persons employed in connection with such business and other persons.

Effective date: 1973-01-01

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