PORTS AND MARITIME ADMINISTRATION ACT 1995 - SECT 5
Dissolution of MSB and its subsidiaries
PORTS AND MARITIME ADMINISTRATION ACT 1995 - SECT 5
Dissolution of MSB and its subsidiaries
5 Dissolution of MSB and its subsidiaries
(1) The MSB, and each MSB subsidiary, is dissolved.
(2) The following
Schedules have effect: Schedule 1 (Transfer of assets, rights and liabilities
of MSB and its subsidiaries)
Schedule 2 (Transfer of former MSB staff other
than senior executives).