LawgistThe Air Corporations (Transfer of Undertakings and Repeal) Act
11Repeal of Act 27 of 1953 and cesser of corporations
(1) On the appointed day, the Air Corporations Act, 1953 shall stand repealed.
(2) The corporations shall, with the repeal of the Air Corporations Act, 1953, cease to exist.
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All sections
- 1 Short title and commencement
- 2 Definitions
- 3 Undertakings of corporations to vest in companies
- 4 General effect of vesting of undertakings in the companies
- 5 Licences, etc., to be deemed to have been granted to companies
- 6 Tax exemption or benefit to continue to have effect
- 7 Guarantee to be operative
- 8 Provisions in respect of officers and other employees of corporations
- 9 Power of Central Government to give directions
- 10 Power to remove difficulties
- 11 Repeal of Act 27 of 1953 and cesser of corporations
- 12 Repeal and saving
