Section 22

On the appointed day, such movable and immovable property vested in the Government immediately before that date and all assets, interests, rights and privileges of the Government as may be determined by the Minister, together with debts, liabilities or obligations connected therewith or appertaining thereto, are deemed to have been transferred to and vested in the Authority without further assurance, act or deed.

If any question arises as to whether any particular property, or whether any particular asset, interest, right, privilege, debt, liability and obligation has been transferred to and vested in the Authority under subsection (1), a certificate under the hand of the Minister shall be conclusive evidence that the property, asset, interest, right, privilege, debt, liability or obligation was or was not so transferred or vested.

Any immovable property to be transferred to and vested in the

Authority under subsection (1) shall be held by the Authority upon such tenure and subject to such terms and conditions as the Minister may determine.