44
No.
of 2013]
Medicines and Allied Substances
(2) The report referred to in subparagraph (1) shall include
information on the financial affairs of the Authority and there shall
be appended to that report—
(a) an audited balance sheet;
(b) an audited statement of income and expenditure; and
(c) such other information as the Minister may require.
(3) The Minister shall, not later than seven days after the first
sitting of the National Assembly next after receipt of the report
referred to in subparagraph (1), lay the report before the National
Assembly.
SECOND SCHEDULE
(Section 68(2))
SAVINGS AND TRANSITIONAL PROVISIONS
Staff of
Authority
1. (1) For the avoidance of doubt, a person who, before the
commencement of this Act, was an officer or employee of the
former Authority, shall continue to be an officer or employee of the
Authority, as the case may be, as if appointed or employed under
this Act.
(2) The service of the persons referred to in subparagraph (1)
shall be treated as continuous service.
(3) Nothing in this Act affects the rights and liabilities of any
person employed or appointed by the former Authority before the
commencement of this Act.
Transfer of
assets and
liabilities
2. (1) On or after the commencement of this Act, there shall
be transferred to, vest in and subsist against the Authority by virtue
of this Act and without further assurance, all assets, rights and
obligations which immediately before that date were the assets,
rights, liabilities and obligations of the former Authority.
(2) Subject to sub-paragraph (1), every deed,bond and agreement,
other than an agreement for personnel service, to which the former
Authority was a party immediately before the commencement of
this Act whether or not of such a nature that rights, liabilities and
obligations could be assigned, shall, unless its subject matter or terms
make it impossible that it should have effect as modified, as provided
under this paragraph, have effect as if—
(a) the Authority had been party to it;
(b) for any reference to the former Authority there was
substituted, with respect to anything required to be done
on or after the commencement of this Act, a reference
to the Authority; or