47.3  Assignment by the Authority

The rights and obligations of the Authority under this Contract shall not be assigned, novated or otherwise transferred (whether by virtue of any Legislation or any scheme pursuant to any Legislation or otherwise) to any person other than to any public body (being a single entity) acquiring the whole of this Contract and having the legal capacity, power and authority to become a party to, and to perform the obligations of, the Authority under this Contract being:

(a)  a Minister of the Crown pursuant to an Order under the Ministers of the Crown Act 1975;

(b)  any local authority which has sufficient financial standing or financial resources to perform the obligations of the Authority under this Contract; or

(c)  any other public body whose obligations under this Contract are unconditionally and irrevocably guaranteed (in a form reasonably acceptable to the Service Provider) by the Authority or a Minister of the Crown having the legal capacity, power and authority to perform the obligations under the guarantee and the obligations of the Authority under this Contract.