Section 10
Transfer to Corporation of Government undertakings
of Singapore Corporation of Rehabilitative Enterprises Act 1975
(1)
On 1 April 1976, such vocational or industrial training institutions as were established by or vested in the Government for the purpose of training prisoners as the Minister may, after consultation with the Minister for Finance, determine are transferred to and vest in the Corporation without further assurance and such transfer includes all lands, buildings, and other property, movable or immovable, assets, rights, privileges, obligations and liabilities held or enjoyed in connection therewith or appertaining thereto.
(2)
On 1 April 1976, such moneys held by the Government for the purpose of training prisoners in order to fit them to earn their living after release as the Minister may, after consultation with the Minister for Finance, determine must forthwith be paid and transferred to and held by the Corporation for the same purpose.
(3)
All rights, privileges, obligations and liabilities which immediately before 1 April 1976 were held, enjoyed or incurred in connection with or appertaining to the vocational or industrial training institutions transferred under subsection (1) are deemed to be the rights, privileges, obligations and liabilities of the Corporation.
(4)
Where anything has been commenced for the purpose of the vocational or industrial training institutions transferred under subsection (1), such thing may be carried on and completed by, or under the authority of, the Corporation.
(5)
If any question arises as to which of the properties, movable or immovable, has been transferred to and vested in the Corporation under subsection (1), a certificate under the hand of the Minister for Finance is conclusive evidence of the vesting of the property in the Corporation.