Singapore legislation
Clause 5
Clause 5
Savings
(1)
Any moneys held under or payable to the relevant funds established under section 33 of the principal Act immediately before the date of commencement of this Act in respect of market and food centres and of other commercial property shall on that date be transferred to the appropriate fund established under that section for commercial property.
(2)
All expenses and liabilities properly attributable to the relevant funds established under section 33 of the principal Act immediately before the date of commencement of this Act in respect of market and food centres and of other commercial property shall on that date be transferred to the appropriate fund established under that section for commercial property.