Electricity (Supply) (Amendment) Act, 1932

Power to the Minister to transfer certain liabilities to the Board.

6.—Where the Minister is liable to make any periodical payments (whether of fixed or varying amounts) extending over a period continuing for more than three years after the passing of this Act and such liability either is a liability in respect of land acquired by the Minister under the Act of 1925 or is a liability under a contract, lease, or agreement entered into by the Minister under that Act, the Minister may by order transfer to the Board the liability to make such payments as on and from such date as shall be specified in that behalf in such order, and may also by the same order transfer as on and from the said date to the Board, together with such liability, all or any other liabilities and all or any obligations, rights, and benefits of the Minister in respect of the same land or under the same contract, lease or agreement, as the case may be.