49.
(1) The Bureau of Ceylon Standards Act, No. 38 of 1964, is hereby repealed. |
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(2) Notwithstanding the repeal of the aforesaid Act
| | (a) all officers and servants in the service of the Bureau shall be deemed to be officers and servants of the Institution and shall hold their offices with as nearly as may be the same status and on the same terms and conditions as they had enjoyed in the service of the Bureau; | | |
| | (b) all debts, obligations and liabilities incurred and all contracts and agreements executed or entered into, and all matters and things engaged to be done by, with or for the Bureau shall be deemed to have been incurred, executed, entered into or engaged to be done by, with or for the Institution, subject to the provisions of paragraph (a) of this subsection ; | | |
| | (c) all suits, prosecutions, or other legal proceedings, instituted or which might have been instituted by or against the Bureau, subject to the provisions of this Act and of any other written law shall be continued or instituted by or against the Institution ; | | |
| | (d) all decrees or orders made by a competent court in favour of, or against the Bureau, shall be deemed to have been made in favour of or against the Institution; | | |
| | (e) all property, movable or immovable which has been vested in or legally purchased or acquired by or leased to, or placed at the disposal, of, or in any other manner transferred to the Bureau or is in possession of or control shall be held by or in trust, for the Institution subject to the trusts, charges, liabilities, reservations, servitudes or other encumbrances and on the terms and conditions appertaining, attaching or applicable thereto; | | |
| | (f) all regulations made by the Minister under the repealed Act, and in force on the date of commencement of this Act, and which is not inconsistent with provisions of this Act, shall be deemed to be regulations made under this Act and may accordingly be amended, added to or rescinded by regulations made under this Act; and | | |
| | (g) the fund of the Bureau established under section 31 of the repealed Act shall be deemed to form part of the fund of the Institution established under this Act. | | |
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