Singapore legislation

Section 24

of National Council of Social Service Act

Section 24

Transfer of assets and liabilities

As from 1st May 1992, all moneys belonging to the Singapore Council of Social Service Fund established under the repealed Singapore Council of Social Service Act [Cap. 299] in force before that date and all property, movable and immovable, assets, rights and interests vested in the Singapore Council of Social Service immediately before that date, and all outstanding debts, liabilities and obligations incurred by the Singapore Council of Social Service in connection therewith shall be transferred to and shall vest in the Council without further assurance.

Read in full context — National Council of Social Service Act →