37. Transfer of certain property of Executive.
(1) For the purposes of this section, the Executive may, with the consent of the Minister and the Minister for Health and Children, designate by instrument in writing lands that immediately before being so designated were vested in the Executive.
(2) On the transfer day all lands designated under subsection (1) and all rights, powers and privileges relating to or connected with such lands shall, without any conveyance or assignment, stand vested in the Commissioners.
(3) For the purposes of this section, the Executive may, with the consent of the Minister and the Minister for Health and Children, designate in writing property other than land, including choses-in-action, that immediately before being so designated was the property of the Executive.
(4) All property other than land, including choses-in-action, designated under subsection (3) shall, on the transfer day, stand vested in the Minister without any assignment.
(5) Every chose-in-action vested in the Minister by virtue of this section may, on and after the transfer day, be sued upon, recovered or enforced by the Minister in the name of the Minister and it shall not be necessary for the Minister to give notice to any person bound by the chose-in-action of the transfer effected by that subsection.