Section 4: Transfer of undertaking
consolidated text (as at 2007). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
4. Transfer of undertaking
(1) The assets, movable and immovable, of the Development Works Corporation shall, on the date of coming into operation of this Act, vest in the
Government.
(2) An instrument required for the purpose of giving effect to subsection (1) shall be drawn up and signed by the Government and the Board of
the Development Works Corporation.
(3) The Government shall become owner of all documents, books and
other records of the Development Works Corporation on the coming into operation of this Act.