Clause 24

As from the appointed day, all moneys belonging to the Singapore Council of Social Service Fund established under the Singapore Council of Social Service Act [Cap. 299] in force before that day and all property, movable and immovable, assets, rights and interests vested in the Singapore Council of Social Service immediately before that day, 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.