Singapore legislation
Section 41
Section 41
Transfer to Government of undertakings of the Singapore Improvement Trust relating to back-lanes
(1)
Upon the commencement of this Act, the undertakings of the Singapore Improvement Trust relating to back-lanes shall, notwithstanding section 4 of the Planning Act [Cap. 232] and section 30 of the Housing and Development Act [Cap. 129], be transferred to and vest in the Government without further assurance.
(2)
Without prejudice to the generality of subsection (1), there shall be included in such transfer —
all lands and all assets, powers, rights and privileges held or enjoyed by the Singapore Improvement Trust in connection therewith, or appertaining thereto; and
all liabilities and obligations of the Singapore Improvement Trust in connection therewith.
(3)
Any proceeding or cause of action pending or existing immediately before the commencement of this Act by or against the Singapore Improvement Trust or the Housing and Development Board in respect of such undertakings may be continued or enforced by or against the Government, as it might have been by or against the Singapore Improvement Trust or the Housing and Development Board had this Act not been passed.[56