Clause 26

Upon the date of the coming into operation of this Act, all immovable and movable property in Sentosa and every right and interest therein that immediately before such date was vested in or held on behalf of the Government shall be transferred to and shall vest in the Corporation without further assurance, subject to such terms and conditions as the Minister may determine.

All contracts, agreements and undertakings made by the Government or a statutory body for the purpose of the development of Sentosa and existing immediately before the date of the coming into operation of this Act shall, unless the Minister otherwise by order provides, have effect as contracts, agreements and undertakings by and with the Corporation and may be enforced by and against the Corporation accordingly.

Any proceeding or cause of action pending immediately before the date of the coming into operation of this Act by or against the Government or a statutory body in respect of any property, contracts, agreements or undertakings transferred to the Corporation under this section may be continued and enforced by or against the Corporation as it might have been by or against the Government or the statutory body had this Act not come into operation.