Seanad debates
Thursday, 17 October 2002
Digital Hub Development Agency Bill, 2002: Second Stage.
I would also draw the attention of the House to section 40, which deals with the transfer of assets and liabilities. In the main this is a standard section. What has been added is the provision whereby the property acquired on behalf of DMDL by the Office of Public Works, and which has remained vested in the Office of Public Works pending the enactment of this Bill, is transferred to the new agency. Sections 41 and 42 are also standard provisions dealing with the transfer of contracts and any legal proceedings from the company to the agency.
No comments