18.
| (1) As soon as may be convenient after the coming into operation of this Act, the Minister shall, by Order, transfer the Government Electrical Undertakings to the Board, and may, subject to the provisions of sub-section (4) of this section and the provisions of section 39, by the same Order or by a subsequent Order provide-
| | (a) for the transfer to, and the vesting in, the Board of any movable or immovable property of the Crown required for the purposes of the Board; | | |
| | (b) for the transfer to the Board of all or any rights, obligations and liabilities relating to or connected with such Undertakings and for the adaptation or modification of contracts or other instruments for the purpose of giving effect to the transfer of such rights, obligations and liabilities to the Board; | | |
| | (c) for the adaptation or modification of any written law to such extent as may be necessary for the purpose of enabling the Board to carry on such Undertakings in lieu of the Government; | | |
| | (d) for such financial adjustments between the Government and the Board as may be necessary in consequence of any such transfer; and | | |
| | (e) for any other matter supplementary to or consequential on the matters aforesaid including the continuation of legal proceedings. | | |
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| (2) Subject to the provisions of sub-section (3) the provisions of any Order made by the Minister under sub-section (1) may be amended or varied by him from time to time by a subsequent Order. |
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| (3) No Order shall be made by the Minister under sub-section (1) or sub-section (2)-
| | (a) affecting any immovable property of the Crown without the concurrence of the Minister to whom the subject of Crown lands is for the time being assigned; or | | |
| | (b) affecting any matter referred to in paragraph (d) of sub-section (1) without the prior concurrence of the Minister of Finance. | | |
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| (4) Subject to the provisions of sub-section (5), every Order made by the Minister under this section shall be brought before the Senate and the House of Representatives by a motion that such Order be approved. Where such Order is approved, notification of such Order shall be published in the Gazette. Every such Order shall come into force on the date of the publication of such notification of approval or on such later date as may be specified in the Order. Every such Order shall, on its coming into force as herein before provided, be as valid and effectual as if it were herein enacted. |
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| (5) The first Order made under this section after the coming into operation of this Act, shall be published in the Gazette, and shall have effect from the date of such publication or from such later date as may be specified in the Order. |
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Sri Lanka Consolidated Acts