Industrial Development (Forfás Dissolution) Act 2014
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Provisions consequent upon transfer of functions, assets and liabilities | ||
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23. (1) Anything commenced but not completed before the dissolution day by or under the authority of the dissolved body may, in so far as it relates to a function transferred to a relevant person under this Act, be carried on or completed on or after the dissolution day by that relevant person. | ||
(2) Every instrument made under an enactment and every document (including any certificate) granted or made, in the performance of a function transferred to a relevant person under this Part, shall, if and in so far as it was operative immediately before the dissolution day, have effect on or after that day as if it had been granted or made by that relevant person. | ||
(3) References to Forfás in the memorandum or articles of association of any company and relating to a function transferred to a relevant person under this Part shall, on and after the dissolution day, be construed as a reference to that relevant person. | ||
(4) Any money, stocks, shares or securities transferred to the Minister by section 21 that immediately before the dissolution day were standing in the name of the dissolved body shall, on the request of the Minister, be transferred into the name of the Minister. | ||
(5) A certificate signed by the Minister for Public Expenditure and Reform that any property, right or liability has or, as the case may be, has not vested in the Minister under section 21 or section 22 shall be sufficient evidence, unless the contrary is shown, of the fact so certified for all purposes. |