|
|
Transfer of property other than land.
|
38.—(1) On the establishment day all property, other than land but including choses-in-action, which immediately before that day was the property of the Minister and was used in connection with a function of the Minister corresponding to a function conferred on the Board by this Act shall stand vested in the Board without any assignment.
|
|
| |
(2) The Minister may on his or her own initiative and shall, on the application of the Board, issue a certificate in respect of specified property stating, as the Minister thinks proper, that the property vested in the Board under this section or did not so vest and the certificate shall be conclusive evidence of the facts so stated.
|
|
| |
(3) Every chose-in-action transferred by subsection (1) to the Board may, after the establishment day, be sued on, recovered or enforced by the Board in its own name and it shall not be necessary for the Board or the Minister to give notice to a person bound by the chose-in-action of the transfer effected by that subsection.
|
