Singapore legislation
Clause 10
Clause 10
Transfer to the Corporation of Government undertakings
(1)
Upon the commencement of this Part, such industrial or vocational training institutions as were established by or vested in the Government for the purpose of training prisoners as the Minister may, after consultation with the Minister for Finance, determine shall be transferred to and shall vest in the Corporation without further assurance and such transfer shall include all lands, buildings, and other property, movable or immovable, assets, rights, privileges, obligations and liabilities held or enjoyed in connection therewith or appertaining thereto.
(2)
Upon the commencement of this Part, such monies held by the Government for the purpose of training prisoners in order to fit them to earn their living after release as the Minister may, after consultation with the Minister for Finance, determine shall forthwith be paid and transferred to and held by the Corporation for the same purpose.
(3)
All rights, privileges, obligations and liabilities which immediately before the date of the commencement of this Part were held, enjoyed or incurred in connection with or appertaining to the industrial or vocational training institutions transferred under subsection (1) shall be deemed to be the rights, privileges, obligations and liabilities of the Corporation.
(4)
Where anything has been commenced for the purpose of the industrial or vocational training institutions transferred under subsection (1), such thing may be carried on and completed by, or under the authority of, the Corporation.
(5)
If any question arises as to which of the properties, movable or immovable, has been transferred to and vested in the Corporation under subsection (1) a certificate under the hand of the Minister for Finance shall be conclusive evidence of the vesting of such property in the Corporation.