Transfer of assets and liabilities.

(1) The Administrator may transfer to the Board, building, land or any other property, movable or immovable, for use and management by the Board on such conditions and limitations as the Administrator may deem fit, for the purposes of this Act. (2) The Administrator may transfer to the Board such schemes or works in progress, with all their assets and liabilities as are run or managed by the Administrator, subject to such conditions and limitations as the Administrator may deem fit to impose for the purposes of this Act.