Part 5 — Structure of School Authorities Division 1 Creation of Public School Districts
118 Adjustment of assets and liabilities
(a) any inclusion, exclusion, dissolution or transfer of land or
school divisions, or
(b) the formation of a school division,
if the Minister considers any adjustment of assets and liabilities
necessary, the Minister shall in the same or a subsequent order give
directions with respect to the assets and liabilities of any board
affected by the inclusion, exclusion, dissolution, transfer or
formation, and those directions are binding on the board.