Preservation of Monuments Act 2009 · 2020 Revised Edition · Part 5 · Transfer of Property, Assets and Liabilities
24. Transfer of property, assets and liabilities to National Heritage Board
Feedback & supportAs from 1 July 2009, all movable and immovable property vested in the Preservation of Monuments Board and all assets, interests, rights, privileges, liabilities and obligations of that Board are transferred to and vest in the National Heritage Board without further assurance, act or deed.
Preservation of Monuments Board
“Preservation of Monuments Board” means the Preservation of Monuments Board established under the repealed Preservation of Monuments Act in force immediately before 1 July 2009.
Any immovable property to be transferred to and vested in the National Heritage Board under subsection (1) is held by that Board upon such tenure and subject to any terms and conditions that the President may determine.
National Heritage Board
“National Heritage Board” means the National Heritage Board established under the National Heritage Board Act 1993;
Every proceedings by or against the Preservation of Monuments Board which are pending on 1 July 2009 may be continued, completed and enforced by or against the National Heritage Board.
Every agreement relating to any of the transferred properties to which the Preservation of Monuments Board was a party immediately before 1 July 2009, whether or not of such nature that the rights and liabilities thereunder could be assigned, is to have effect as from that date as if —
the National Heritage Board had been a party to such an agreement; and
for any reference to the Preservation of Monuments Board there were substituted in respect of anything to be done on or after 1 July 2009 a reference to the National Heritage Board.
To avoid doubt —
any reference in this Part to property vested in the Preservation of Monuments Board is a reference to such property of that Board whether situated in Singapore or elsewhere; and
any such reference to rights and liabilities of the Preservation of Monuments Board is a reference to such rights to which that Board is entitled or (as the case may be) such liabilities to which that Board is subject, whether under the laws of Singapore or any country outside Singapore and includes rights and liabilities arising under loans raised by that Board.