Sri Lanka Consolidated Acts

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Sri lanka Telecommunications (Amendment) Act (No. 27 of 1996) - Sect 29

Licences issued property owned contracts entered into, orders made and actions instituted by the Authority deemed to be those of the Commission

29. From and after the appointed date-
(a) every licence granted by the Minister on the recommendation of the Authority under section 17 of the principal enactment, and in force on the day immediately prior to the appointed date, shall be deemed for all purposes to be a licence granted on the recommendation of the Commission, and every such licence shall be valid and effectual and shall continue in force until its expiry ;
(b) every licence issued by the Authority under section 21 of 22 of the principal enactment and in force on the day immediately prior to the appointed date, shall be deemed for all purposes to be a licence shall be valid and effectual and shall continue in force until its expiry ;
(c) all property both movable and immovable which was owned by or was in the possession of the Authority on or before the appointed date, shall vest in the Commission and shall be deemed to be the property of the Commission ;
(d) all contracts and agreements entered into by, with or for the Authority shall be deemed to be contracts, and agreements entered into by or with or for the Commission and all rights privileges, obligations, debts and liabilities of the Authority subsisting on the day immediately preceding the appointed date shall be deemed to be rights, privileges, obligations, debts and liabilities of the Commission ;
(e) all actions and other proceedings instituted by or against the Authority pending on the day immediately preceding the appointed date, shall be deemed to be actions and proceedings instituted by or against the Commission and every such action and proceedings may be proceeded with and be enforced accordingly ;
(f) every order made by the Authority under section 11 of the principal enactment on or before the day immediately preceding the appointed date, shall, be deemed to be an order, made by the Commission ; and
(g) every rule made by the Authority under section 68 of the principal enactment and is in effect on the day immediately preceding the appointed date, shall be deemed to be rules made by the Commission and may accordingly be amended or rescinded by any rule made under that section.

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