39.
| (1) All movable and immovable property used, on the day preceding the appointed date, for the purposes of the Aquaculture Development Division of the Ministry of Fisheries and Aquatic Resources (in this section referred to as "the Division") shall vest, with effect from the appointed date, in the Authority, free from all encumbrances. |
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| (2) All contracts entered into by or with the State, for or on behalf of the Division and all lease agreements entered into by the Secretary, to the Ministry of the Minister in charge of the subject of Fisheries and Aquatic Resources Development relating to any property movable or immovable used by the Inland Fisheries Development Division of the Ministry and subsisting on the day preceding the appointed date, shall be deemed, with effect from the appointed date, to be contracts and lease agreements entered into by or with the Authority. |
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| (3) All actions and proceeding instituted by or against the Attorney-General, as representing the Division and pending, on the day preceding the appointed date, shall be deemed, with effect from the appointed date to be actions and proceedings instituted by or against the Authority, as the case may be, and may be continued and completed accordingly. |
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| (4) All judgement and orders made in favour of or against, the Attorney-General as representing the Division and remaining unsatisfied on the day preceding the appointed date, shall be deemed, with effect from the appointed date, to be judgments and orders made in favour of or against the Authority, as the case may be, and may be enforced accordingly. |
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Sri Lanka Consolidated Acts