27. Savings

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

From and after the appointed date—

(a)

all activities hitherto carried out by the National

Research Council which has been established under the Presidential Directive dated 24th of July 2007

(hereinafter referred to as the “National Research

Council”) in the accomplishment of the objcets of that Council and which are not inconsistent with the objects of the National Research Council of Sri

Lanka established under section 2 of this Act

(hereinafter referred as ‘the Council’) shall be deemed to be activities required to be carried out under this Act and, shall continue to be carried out by the Council;

(b)

all property movable and immovable belonging to the National Research Council, on the date immediately prior to the appointed date shall, with effect from the appointed date, stand to be transferred to the Council;

(c)

all suits, prosecutions, actions, proceedings, matters or things which have been instituted by or against the National Research Council and are pending as at the date immediately prior to the appointed date, shall be deemed to be suits, prosecutions, actions, proceedings, matters or things which have been instituted by or against the Council and may be continued and completed accordingly;

(d)

any decree, order or award entered or made in favour of or against the said National Research Council by any court or tribunal or other body shall, with effect from the appointed date be deemed to be a decree, order or award entered or made in favour of or against the Council and may be enforced accordingly;

(e)

the officers and employees of the National Research

Council holding office on the day immediately prior to the appointed date, shall, be deemed, with effect from the appointed date, to be officers or employees of the Council on terms not less favourable than their terms of employment in the

National Research Council;

(f)

all debts, obligations, assets and liabilities incurred, all contracts and agreements executed or enforced into and all matters and things engaged or agreed to be done by or with the National Research Council and all licenses issued for and on behalf of the said

National Research Council which are subsisting as on the day immediately prior to the appointed date shall, with effect from the appointed date be deemed to be debts, obligations, assets and liabilities incurred, all contracts and agreements executed or enforecd into and all matters and things engaged or agreed to be done by, with or for and licenses issued for and on behalf of the Council.

Read on from s 28