Sri Lanka Consolidated Acts

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Science And Technology Development Act (No. 11 of 1994) - Sect 43

Repeals

43.
(1) The natural Resources Energy and Science Authority of Sri Lanka Act, No. 78 of 1981, the Computer and Information Technology Council of Sri Lanka Act No. 10 of 1984, the Ceylon Institute of Scientific and Industrial Research Act and the Arthur C. Clarke Centre for Modern Technologies Act, No. 30 of 1984, are hereby repealed.
(2) Notwithstanding the repeal of the aforesaid Acts"
(a) all officers and servants of a relevant Corporation holding office on the day preceding the appointed date shall be offered employment in the corresponding Corporation on terms and conditions not less favourable than the terms and conditions attaching to the respective offices held by them on the day preceding the appointed date ;
(b) all properties, immovable or movable, vested in, or used for the purposes, of a relevant Corporation, on the day preceding the appointed date, shall vest in the corresponding Corporation with effect from the appointed date ;
(c) all contracts and agreements entered into, by or with, a relevant Corporation and subsisting on the day preceding the appointed date shall be deemed, with effect from the appointed date, to be contracts and agreements entered into, by or with, the corresponding Corporation and may be enforced accordingly ;
(d) all liabilities of a relevant Corporation subsisting on the day preceding the appointed date, shell be deemed, with effect from the appointed date, to be liabilities of the corresponding Corporation;
(e) all actions proceedings instituted by or against a relevant Corporation and pending cay preceding the appointed date shall, be deemed, with effect from the appointee, date, to be actions and proceedings instituted by or against the corresponding Corporation, and may be continued accordingly ;
(f) all decrees and awards relating to the payment of money entered or made by any court or tribunal in any action or proceeding instituted by, or against, a relevant Corporation and remaining unsatisfied on the day preceding the appointed date shall be deemed, with effect from the appointed date to be decrees or awards, entered or made by or against the corresponding Corporation and may be enforced accordingly ;
(g) all rules and regulations made under an Act establishing a relevant Corporation and in force on the day preceding the appointed date, shall, in so far as they are not inconsistent with the provisions of this Act, be deemed to be regulations made under this Act


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