Section 34Part 5 — General
Savings and transitional provisions
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Subject to this section, the Cabinet shall, on such conditions as the Cabinet may determine, transfer to the Authority such liabilities, rights or obligations, which relate to or are connected with the management of roads by the Roads Section of the Public Works Department on the 30th June, 2004, as the Cabinet may determine.
Notwithstanding any provision to the contrary in any other Law or Act, the Authority shall, with effect from the 30th June, 2004, be vested with the ownership of the rights and be charged with the liabilities and obligations so transferred or assigned to it.
A certificate issued by the Minister in which it is stated that any right described in such certificate has been transferred to the Authority pursuant to subsection (1), shall be sufficient proof that the right so described vests in the Authority.
The Authority shall be substituted as a contracting party in respect of any agreement transferred to the Authority pursuant to subsection (1), without such substitution bringing about a novation of such agreement.
On the 1st July, 2004, any amounts held in the Roads Development Fund shall be transferred to and vest in the core government without further assurance, and the core government shall have all powers necessary to take possession of, recover and deal with, those amounts.
Where, immediately before the 1st July, 2004, any amount is owing to the Roads Development Fund, such amount shall be deemed to be owing to the core government, and when paid or collected, shall be credited to the Road Fund.
Where a document refers expressly or by implication to the Roads Development Fund, the reference shall be construed as a reference to the Road Fund.