Water Services Act 2017
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Provisions consequent upon transfer of functions, assets and liabilities to Forum | ||
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40. (1) Anything commenced and not completed before the establishment day by or under the authority of either of the dissolved bodies may, in so far as it relates to a function of either of the dissolved bodies transferred by this Act be carried on or completed on or after that day by the Forum. | ||
(2) Every instrument made under an enactment and every document (including any certificate) granted or made, by either of the dissolved bodies, if and in so far as it was operative immediately before the establishment day, shall have effect on and after that day as if it had been granted or made by the Forum. | ||
(3) References to either of the dissolved bodies in the memorandum and articles of association or constitution of any company relating to a function conferred on the Forum by this Act shall, on and after the establishment day, be construed as references to the Forum. | ||
(4) All moneys, stocks, shares and securities transferred by section 37 that, immediately before the establishment day, were standing in the name of either of the dissolved bodies shall, on the request of the Forum, be transferred to the Forum in its own name. | ||
(5) A certificate signed by the Minister that any property, right or liability has or has not vested in the Forum under section 37 or 38 shall be sufficient evidence, unless the contrary is shown, of the fact so certified for all purposes. |