Singapore legislation

Section 15

of National Arts Council Act 1991

Section 15

Transfer of assets and liabilities

As from 15 October 1991 —

(a)

the National Theatre Trust Fund and all property, movable and immovable, vested in the National Theatre Trust immediately before that date, and all assets, rights and interests vested in, and all outstanding debts, liabilities and obligations incurred by, the National Theatre Trust in connection therewith; and

(b)

such movable property vested in the Government immediately before that date used to carry out any functions and services of the Arts Division in the Ministry of Information and the Arts which are similar to any functions vested in the Council by this Act, as the Minister for Finance may, by warrant, direct,must be transferred to and vest in the Council without further assurance.

Read in full context — National Arts Council Act 1991 →