Singapore legislation
Clause 11
Clause 11
Transfer to the Council of undertakings
(1)
Upon the commencement of this Act, all movable and immovable property vested in the National Sports Promotion Board or the National Stadium Corporation shall be vested in the Council without conveyance, transfer or assignment.
(2)
All rights, privileges, obligations and liabilities which immediately before the commencement of this Act were held, enjoyed or incurred by the National Sports Promotion Board or the National Stadium Corporation shall be deemed to be the rights, privileges, obligations and liabilities of the Council.
(3)
Where anything has been commenced by the National Sports Promotion Board or the National Stadium Corporation prior to the commencement of this Act, such thing may be carried on and completed by the Council.