Water Services Act, 1997 (Act No. 108 of 1997)

Chapter VII : Water Services Committees

60. Assets and liabilities upon disestablishment

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(1)Upon the disestablishment of a water services committee—
(a)its assets and liabilities vest in the Minister;
(b)the Minister must wind up its affairs; and
(c)the Minister must assume the functions of the water services committee for the period of winding up.

 

(2)The Minister may, after the disestablishment of a water services committee, transfer any of its assets to the water services authority or a water board having jurisdiction in the area.

 

(3)Subject to the approval of the Minister of Finance, no transfer duty, other tax or duty is payable in respect of the transfer of any assets—
(a)from a water services committee to the Minister; or
(b)from the Minister to a water services authority or a water board.