Persatuan Bulan Sabit Merah Negara Brunei Darussalam (Incorporation) Act · s 11

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s 11

(1)

On the commencement of this Act, the Red Cross

Society is dissolved and all property vested in or belonging to it, whether held in its name or in the name of any person in trust for it, is transferred to and without further assurance shall vest in the Persatuan for the respective estates and interests for which it was then held, and shall, together with all after-acquired properties, subscriptions, contributions, dona-tions, fines, loans and advances be held by the Persatuan for its objects and purposes,

(2)

All debts and liabilities of the Red Cross Society existing immediately before the commencement of this Act shall be paid by the Persatuan and all monies then due to the

Red Cross Society shall be paid to the Persatuan,

Application of income and property

Dissolution, transfer of liabilities etc.