AMBULANCE SERVICES ACT 1986 - SECT 47 Transfer of assets and liabilities
AMBULANCE SERVICES ACT 1986 - SECT 47
Transfer of assets and liabilities(1) All assets and rights including intellectual property vested in or held by the Centre immediately before the commencement of section 11 of the Ambulance Services (Amendment) Act 1998 vest in the Secretary.
(2) All liabilities of the Centre existing immediately before the commencement of section 11 of the Ambulance Services (Amendment) Act 1998 become liabilities of the Secretary.
(3) The Secretary is substituted as a party to any agreement, contract, lease or other arrangement (except any contract, agreement or arrangement relating to the employment of an officer or employee referred to in section 46(4)) and to any proceedings to which the Centre was a party immediately before the commencement of section 11 of the Ambulance Services (Amendment) Act 1998 .
(4) Any permit, licence or authority of any kind issued or granted to the Centre by or under any Act continues to operate as if issued or granted to the Secretary.
(5) All records and documents of the Board and the Centre become the property of the Secretary.
S. 48 inserted by No. 38/1998 s. 13.