Section 18. Vesting and transfer of property to the Authority.

18. Vesting and transfer of property to 1[the Authority].- (1) From such different dates as may be specified, from time to time, by the State Government (hereinafter in this section referred to as "the appointed date"),- (a) the properties and assets (including water works, buildings, laboratories, stores, vehicles, furnitures and other furnishing), specified in that behalf, which immediately before the appointed date, were vested in the State Government for the purposes of the Maharashtra Environmental Engineering Service, shall vest in and stand transferred to 2[the Authority]; and (b) the rights, liabilities and obligations of the State Government, whether arising out of any contract or otherwise pertaining to the said service, shall be the rights, liabilities and obligations of 3[the Authority]. (2) such properties, assets, rights, liabilities and obligations shall valued in such manner as the State Government may determine. (3) All suits and other legal proceedings with respect to the matters referred to above instituted or to be instituted or defended by or against the State Government before the appointed date may be continued, or instituted, or defended by or against 4[the Authority].