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Transfer of liabilities of abolished boards.
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27.—Every debt and other liability (including unliquidated liabilities arising from torts or breaches of contract) which immediately before the transfer date is owing and unpaid or has been incurred and is undischarged by an abolished board shall, on the transfer date, become and be the debt or liability of the Commission and shall be paid or discharged by and may be recovered from or enforced against the Commission accordingly.
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