National Arts Council Act 1991 · 2020 Revised Edition · Part 5 · Transfer of Assets, Liabilities and Employees
15. Transfer of assets and liabilities
Feedback & supportAs from 15 October 1991 —
the National Theatre Trust Fund and all property, movable and immovable, vested in the National Theatre Trust immediately before that date, and all assets, rights and interests vested in, and all outstanding debts, liabilities and obligations incurred by, the National Theatre Trust in connection therewith; and
National Theatre Trust Fund
“National Theatre Trust Fund” means the National Theatre Trust Fund established under the repealed National Theatre Trust Act and includes all subscriptions, donations, bequests, interest and dividends and all other property real and personal received or acquired for the purposes of that Act by the National Theatre Trust Board;
such movable property vested in the Government immediately before that date used to carry out any functions and services of the Arts Division in the Ministry of Information and the Arts which are similar to any functions vested in the Council by this Act, as the Minister for Finance may, by warrant, direct,must be transferred to and vest in the Council without further assurance.