Singapore legislation

Section 27

of Singapore Broadcasting Corporation Act

Section 27

Transfer to Corporation of television and sound broadcasting undertakings of Government

(1)

Upon the date of commencement of this Act, the television and sound broadcasting undertakings of the Government shall be transferred to and shall vest in the Corporation without further assurance.

(2)

All rights, interests, privileges, obligations and liabilities which immediately before that date were held, enjoyed or incurred with or appertaining to the television and sound broadcasting undertakings of the Goverment transferred to the Corporation under subsection (1) shall be deemed to be the rights, interests, privileges, obligations and liabilities of the Corporation.

(3)

If any question arises as to whether any particular movable or immovable property, or whether any particular asset, power, right, interest, privilege, debt, liability or obligation has been transferred to or vested in the Corporation under subsection (1), a certificate under the hand of the Minister for Finance shall be conclusive evidence of such transfer or vesting.

Section 27 — Singapore Broadcasting Corporation Act