Institute of Education (Repeal) Bill

Bill No. 28/1996

Read the first time on 1st October 1996.
An Act to repeal the Institute of Education Act (Chapter 140 of the 1985 Revised Edition).
Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:
Short title
1.  This Act may be cited as the Institute of Education (Repeal) Act 1996.
2.  The Institute of Education Act is repealed.
3.  Upon the date of commencement of this Act —
(a)all movable and immovable property vested in the Institute of Education (referred to in this section as the Institute) established under the repealed Institute of Education Act [Cap. 140] immediately before that date, including all assets, rights, interests, privileges, liabilities and obligations of the Institute, shall be transferred to and shall vest in the Nanyang Technological University established under the Nanyang Technological University Act [Cap. 192] without further assurance; and
(b)any proceeding or cause of action pending or existing immediately before that date by or against the Institute may be continued and enforced by or against the Nanyang Technological University.