MiLAWYER

Law library · Sierra Leone · No. 1 The Sierra Leone Produce Marketing Act (Repeal) Act 2013

Section 2, No. 1 The Sierra Leone Produce Marketing Act (Repeal) Act 2013

Status not yet checkedNo. 1 The Sierra Leone Produce Marketing Act (Repeal) Act 2013, Sierra Leone

(1) Subject to subsection (2), of section 1 all propertiesand assets which immediately before the commencement of this Act were vested in the Sierra Leone Produce Marketing Board for the administration of the repealed Act shall, with effect from the commencement of this Act and without further assurance, vest in the Sierra Leone Produce Marketing Company, hereafter referred to as the “Company” subject to all interests, charges, obligations, liabilities and trusts affecting its property and assets. (2) Except as provided in subsection (1) in relation to property, all contracts, debts, obligations and liabilities of the Board immediately before the commencement of this Act shall vest in the Company and may be enforced by or against the Company. (3) All legal proceedings or claims pending before the commencement of this Act in relation to the Board shall be continued or enforced by or against the Company in the same manner as they would have been continued or enforced if this Act had not been enacted.

Read the whole lawDownload PDFAsk Tima what this means

Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.