27. Winding Up

27. Winding Up :

27.1 After the commencement of this Act, the Drinking Water and Sewerage Corporation constituted by a Notification of the Ministry of Water Resources of the Government of Nepal published in Part 3, Year 34, Number 14 dated 1 st of Shrawan of 2041shall be liquidated.

27.2 The activities being carried out by the corporation liquidated pursuant to Sub-section 27.1 and the rights and liabilities of the corporation shall be transferred to the Corporation established under this Act.

27.3 The employees serving in the corporation liquidated pursuant to Sub-section 27.1 shall be transferred to the Corporation established under this Act.