Singapore legislation
Section 31
Section 31
Transfer of assets and liabilities
(1)
Subject to subsection (2), as from 1 September 1989 —
all movable property vested in the Government immediately before that date for the purposes of the Planning Department and the Research and Statistics Unit, and all assets, rights or interests vested in, and all outstanding debts, liabilities and obligations incurred by, the Government in connection therewith; and
all the lands, buildings and other property movable and immovable, vested in the former Authority immediately before that date and all assets, rights and interests vested in, and all outstanding debts, liabilities and obligations incurred by, the former Authority in connection therewith,are transferred to and vest in the Authority without further assurance.
(2)
Subsection (1) does not apply to any rights and interests vested in, and any outstanding liabilities and obligations incurred by, the former Authority immediately before 1 September 1989 in connection with all sums of moneys paid or payable by way of instalments to the former Authority, or the payment of which is secured to the satisfaction of the former Authority, pursuant to section 49(3)(b) of the repealed Act.
(3)
If any question arises as to whether any particular movable property vested in the Government, or whether any particular asset, right, interest, liability or obligation of the Government has been transferred to or vested in the Authority under subsection (1), a certificate under the hand of the Minister for Finance is conclusive evidence that the property, asset, right, interest, liability or obligation was or was not so transferred or vested.
(4)
No disclosure to the Authority under this section of information collected by the Research and Statistics Unit before 1 September 1989 shall be called in question on the ground that such disclosure is contrary to section 5 of the Statistics Act 1973 or in breach of confidence.