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← Institute of Technical Education Act 1992

Institute of Technical Education Act 1992 s 16

s 16 Transfer to Institute of assets and liabilities

16.—(1) As from 1 April 1992, all lands, buildings and other properties, movable or immovable, rights, interests, privileges, obligations and liabilities vested in, belonging to or incurred by the Vocational and Industrial Training Board are transferred to and vest in the Institute without further assurance. (2) If any question arises as to which property, movable or immovable, has been transferred to and vested in the Institute under subsection (1), a certificate under the hand of the Minister is conclusive evidence of the vesting of that property in the Institute.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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