Section 92
of Bintulu Port Authority Act 1981
Section 92
Upon the coming into force of this section, the responsibility of the Federal Government under the Act and all movable and immovable property and other assets, rights, powers, interests and privileges acquired by, accruing to or vested in the
Federal Government as a result of its exercising its powers and discharging its responsibility and duties under the Act shall be transferred to and vest in the Authority without further assurance.
(2)
Upon such transfer, such of the debts, liabilities and obligations incurred by the Federal Government under the Act as the
Minister may, with the concurrence of the Minister of Finance, specify by order in the Gazette shall be transferred to and be deemed to have been incurred by the Authority.