Singapore legislation
Section 24
Section 24
Transitional
(1)
Upon the commencement of this Act —
the unincorporated body known as the National Productivity Centre being a unit of the Economic Development Board and operating under its control (referred to in this section as the unincorporated body) shall cease to exist;
the Board shall take over all the powers, duties and functions of the unincorporated body;
all the assets and property of every description and all the powers, rights and privileges in connection therewith or appertaining thereto which immediately before the commencement of this Act belonged to or were vested in the unincorporated body shall forthwith vest in the Board; and
all the liabilities and obligations of the unincorporated body existing immediately before the commencement of this Act shall be transferred to and vest in the Board.
(2)
Every person employed by the Economic Development Board and working in the unincorporated body shall be transferred to the service of the Board on the same terms as those he had enjoyed immediately prior to the commencement of this Act or on such other terms which shall be determined by the Board provided however that such terms as may be offered shall not be any less favourable than those enjoyed by that person as an officer of the Economic Development Board.[22** Former section 21 was deleted by Act 35/73.