Transfer to College of property, assets and liabilities
30.—(1)  As from 1st October 2001, such movable and immovable property vested in the Government as may be determined by the Minister for Finance and used or managed by any of the incorporated departments and all assets, interests, rights, privileges, liabilities and obligations of the Government relating to the incorporated departments shall be transferred to and shall vest in the College without further assurance, act or deed.
(2)  If any question arises as to whether any particular property, asset, interest, right, privilege, liability or obligation has been transferred to or vested in the College under subsection (1), a certificate under the hand of the Minister for Finance shall be conclusive evidence that the property, asset, interest, right, privilege, liability or obligation was or was not so transferred or vested.
(3)  Any immovable property to be transferred to and vested in the College under subsection (1) shall be held by the College upon such tenure and subject to such terms and conditions as the President may determine.