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Paragraph 12 Transfer of property, rights and liabilities

Original text. Later amendments are not shown.

(1)

The Privy Council may by order provide for the transfer from the Board to the General Council of any—

(a)

property and rights; and

(b)

liabilities.

(2)

Before making an order under sub-paragraph (1)(b), the Privy Council must consult the General Council.