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Transfers of certain property.
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22.—(1) On the appointed day, all property, whether real or personal (including choses-in-action) which immediately before the appointed day was vested in or belonged to or was held in trust for a public assistance authority and was used solely or mainly in pursuance of its functions under the Act of 1939 and all rights, powers and privileges relating to or connected with any such property, shall, without any conveyance or assignment, but subject where necessary to transfer in the books of any bank, corporation or company, become the property of and be vested in or held in trust for (as the case may require) the health board in whose functional area the functional area of the public assistance authority is included for all the estate, term or interest for which the same immediately before the appointed day was vested in or belonged to or was held in trust for the public assistance authority, but subject to all trusts and equities affecting the same and then subsisting and capable of being performed.
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(2) All property transferred by subsection (1) of this section to a health board and which, immediately before the appointed day, was standing in the books of any bank or was registered in the books of any bank, corporation or company in the name of a public assistance authority shall, on the request of the health board made at any time after the appointed day, be transferred in the books by the bank, corporation or company into the name of the health board.
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(3) Every chose-in-action transferred by subsection (1) of this section to a health board may, after the appointed day, be sued on, recovered, or enforced by the health board in its own name and it shall not be necessary for the board to give notice to the person bound by the chose-in-action of the transfer effected by that subsection.
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(4) After the appointed day, every bond, guarantee, or other security of a continuing character made or given by a public assistance authority in pursuance of its functions under the Act of 1939 to another person, or by any person to a public assistance authority in connection with the said functions, which was in force immediately before the appointed day, and every contract or agreement in writing in connection with the said functions made between a public assistance authority and another person which was not fully executed and completed before the appointed day shall be construed and have effect as if the name of the health board in whose functional area the functional area of the public assistance authority is included were substituted therein for the name of the public assistance authority, and the security, contract or agreement shall be enforceable by or against the health board accordingly.
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