18.—(1) Whenever the Shannon works or any portion thereof are handed over to the Board by the Minister under this Act, the Minister may by the order effecting such handing over or by a subsequent order transfer to the Board all or any vehicles, tools, machinery, instruments, and other chattels (not being fixtures passing with the Shannon works or any portion thereof) acquired by him under or for the purposes of the Shannon Electricity Act, 1925 (No. 26 of 1925).

(2) All chattels transferred to the Board by an order under this section shall immediately upon such transfer become and be the property of the Board as fully as if the same had been purchased by the Board under this Act.