# The Co-operative Development Agency (Winding Up and Dissolution) Order 1990, Note: Explanatory note


(This note is not part of the Order)
This Order provides for the winding up and dissolution of the Co-operative Development Agency established by the Co-operative Development Agency Act 1978.
The rights and liabilities of the Agency are transferred to the Secretary of State.
The winding up will take effect in two stages.
The Agency will cease to exercise its functions except for the purposes of winding itself up on 30th September 1990.
Its assets and liabilities will be transferred to the Secretary of State on 31st December 1990, and the Agency will be finally dissolved on that date.

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Source: https://www.legislation.gov.uk/uksi/1990/279/note (the official version)
Page: https://openlegislation.uk/co-operative-development-agency-winding-up-and-dissolution-order-1990/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.