Section 69

All property of whatever kind and whether movable or immovable vested in or belonging to the Provisional Authority immediately before 14th October 1983 [S 236/83] shall as from that date be transferred to and vested in the same interest in the Corporation without any further assurance and the Corporation shall have all the powers necessary to take possession of, recover and obtain the benefit of that property.

All obligations and liabilities of the Provisional Authority subsisting immediately before 14th October 1983 shall as from that date be the obligations and liabilities of the Corporation and the Corporation shall have all necessary powers to discharge those obligations and liabilities.[50