Credit Union Restructuring Board (Dissolution) Act 2020
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Provisions consequent upon transfer of functions, property, rights and liabilities | ||
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11. (1) Anything commenced and not completed before the dissolution day by or under the authority of the dissolved body may be carried on or completed on or after the dissolution day by the Minister. | ||
(2) Every instrument made under an enactment and every document (including any certificate) granted or made, in the performance of a function transferred by section 7 , shall, if and in so far as it was operative immediately before the dissolution day, have effect on and after that day as if it had been granted or made by the Minister. | ||
(3) References to the Credit Union Restructuring Board in the memorandum or articles of association of any company and relating to a function transferred to the Minister under section 7 shall, on and after the dissolution day, be construed as references to the Minister. | ||
(4) Any money, stocks, shares or securities transferred to the Minister by section 8 that immediately before the dissolution day were standing in the name of the dissolved body shall, on the request of the Minister, be transferred into the name of the Minister. | ||
(5) A certificate signed by the Minister for Public Expenditure and Reform that any property, right or liability has or, as the case may be, has not vested in the Minister under section 8 or section 9 shall be sufficient evidence, unless the contrary is shown, of the fact so certified for all purposes. |