75A
In forceProperty, rights and liabilities transferred in accordance with transfer order
Part 7Transfer of designated functions and projects
Division 4Transfers of property, rights and liabilities in certain projects to transport bodies
75A Property, rights and liabilities transferred in accordance with transfer order
On the transfer date—
(a)
all property and rights of the Secretary, Project Development, wherever located, that are transferred under a transfer order, vest in the transport body specified in the transfer order in accordance with the order; and
(b)
all liabilities of the Secretary, Project Development, wherever located, that are transferred under a transfer order, become liabilities of the transport body specified in the transfer order in accordance with the order.
S. 75B inserted by No. 30/2020 s. 20.
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