Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsTransfer of property held by the Department for Marketing and Export Promotion of Handicrafts and the Department of Small Industries pertaining to the relevant sections to the Board
| 48. As soon as may be convenient after the coming into operation of this Part and with effect from a date to be appointed by the Minister by Order published in the Gazette all property immovable and movable (including cash) in the possession and control of the Department for Marketing and Export Promotion of Handicrafts and all movable and immovable property (including cash) in the possession and control of the Department of Small Industries pertaining to such sections of the Department of Small Industries as are specified in the Schedule hereto (hereinafter referred to as " relevant sections ") shall with all assets, liabilities, powers, rights, interests and privileges of the Department for Marketing and Export Promotion of Handicrafts and of the Department of Small Industries pertaining to the relevant sections of that Department and subsisting on the day immediately preceding the appointed date be transferred to and shall vest in the Board. |