(a) On the effective date of this Act, all working capital, accounts payable and receivable, and all books, records, applications, assets, liabilities, agreements, privileges and employees of the Agency for Human Resources Development presently existing pursuant to Public Law 17-81 shall be transferred to the Guam Department of Labor, Division of Workforce Development and Training established under this Article. The Guam Department of Labor will honor any existing Memoranda of Understanding or the similar agreements entered into with the Agency for Human Resource Development prior to the enactment of this Act. (b) Any person accepting employment under this Section, excluding the Director, Deputy Director and Private Secretary, will receive not less than the rate of compensation he was receiving immediately before the transfer date.
(c) This Act shall become effective upon enactment. 2018 NOTE: Subsection designations added pursuant to the authority of 1 GCA § 1606.