Sri Lanka Consolidated Acts

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Transport Board Law (No. 19 of 1978) - Sect 9

Transfer of ferries

9.
(1) The Minister in charge of the subject of tolls may, from time to time, subject to the provisions of subsection (2), make Orders for the following purposes, that is to say-
(a) for the purpose of transferring to any one or more Regional Transport Boards any ferry established under the Tolls ordinance together with any movable property connected with or required for the purpose of such ferry ; and
(b) for the purpose of transferring to one or more of the Regional Transport Boards any contracts or liabilities of the Republic connected with such ferry.
(2) Every such Order shall be published in the Gazette and shall come into force on the date of its publication or on such later date as may be specified in the Order.
(3) No movable property and no contract or liability of the Republic shall be transferred to any one or more of the Regional Transport Boards under subsection (1) without the concurrence of the Minister in charge of the subject of Finance.
(4) Upon the publication of an Order under subsection (1) in the Gazette-
(a) the ferry and the movable property specified in the Order shall vest in the Regional Transport Board or Boards specified in that Order ;
(b) the contracts specified in the Order shall be deemed to be the contracts of that Board or those Boards and all subsisting rights and obligations of the Republic under such contracts shall be deemed to be the rights and obligations of that Board or those Boards; and
(c) any liabilities specified in the order shall be deemed to be the liabilities of that. Board or those Boards.


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