Dublin Fever Hospital Act, 1936

Transfer of property.

52.—(1) All property, whether real or personal (including choses-in-action) which immediately before the appointed day is vested in or belongs to or is held in trust for the body corporate and all rights, powers, and privileges relating to or connected with any such property shall, on the appointed day and without any conveyance or assignment but subject where necessary to transfer in the books of any bank, corporation, or company, become and be vested in or the property of or held in trust for (as the case may require) the hospital board for all the estate, term, or interest for which the same immediately before the appointed day was vested in or belonged to or was held in trust for the body corporate.

(2) All property transferred by this section which, immediately before the appointed day, is standing in the books of any bank or is registered in the books of any bank, corporation, or company in the name of the body corporate shall, upon the request of the hospital board made on or at any time after the appointed day, be transferred in such books by such bank, corporation, or company into the name of the hospital board.

(3) On and after the appointed day, every chose-in-action transferred by this section from the body corporate to the hospital board, may be sued, upon, recovered, or enforced by the hospital board in its own name and it shall not be necessary for the hospital board to give notice to the person bound by such chose-in-action of the transfer effected by this section.

(4) Where any funds which are transferred to the hospital board by this section, were, immediately before the appointed day, held in trust for the body corporate, otherwise than by the trustees of the body corporate the hospital board shall, notwithstanding anything contained in this section, but without prejudice to its right to demand and receive payment of the net income arising therefrom, not be entitled to require the trustees for the time being of such funds to transfer to it such funds.

(5) All moneys transferred to the hospital board by this section and all income arising from any funds to which the immediately preceding sub-section applies and all moneys arising out of the sale of any property transferred to the hospital board by this section and all income arising from such property shall be carried to the establishment expenses account.