Roads Act 2015
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Provisions consequent upon transfer of functions, assets and liabilities to Authority | ||
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11. (1) Anything commenced and 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 the Authority under section 7 , be carried on or completed on or after that day by the Authority. | ||
(2) Every instrument made under an enactment and every document (including any certificate) granted or made, in the performance of a function transferred by section 7 shall, if and in so far as it was operative immediately before the dissolution day, have effect on and after that day as if it had been granted or made by the Authority. | ||
(3) References to the dissolved body in the memorandum of association or articles of association of any company relating to a function transferred by section 7 shall, on and after the dissolution day, be construed as references to the Authority. | ||
(4) All moneys, stocks, shares and securities transferred by section 8 that, immediately before the dissolution day, were standing in the name of the dissolved body shall, on the request of the Authority, be transferred into its own name. | ||
(5) A certificate signed by the Minister that any property, right or liability has or, as the case may be, has not vested in the Authority under section 8 or 9 shall be sufficient evidence, unless the contrary is shown, of the fact so certified for all purposes. | ||
(6) Nothing in this Act shall affect the operation of any railway order granted to the dissolved body before the dissolution day, and any such railway order shall be read, on and after the dissolution day, as if granted to the Authority. |