Section 6
Port undertakings to be transferred to licensed operator
of Ports (Privatisation) Act 1990
ActIn forceProvision 7 of 25
Section 6
The port undertakings of a port authority that are to be transferred to an operator in accordance with the port privatization plan shall be transferred as soon as practicable after—
(a)
the approval of the plan by the Minister under section 5;
(b)
the execution of any necessary agreement between the port authority and the operator; and
(c)
the issue of the licence to the operator under subsection 9(3).