Article 6 Abolition and transfer of functions etc.
(1)
The Merseyside integrated transport area is dissolved and the ITA is abolished.
(2)
Subject to paragraph (3), on the abolition of the ITA—
(a)
its functions; and
(b)
its property, rights and liabilities,
are transferred to the Combined Authority.
(3)
On the abolition of the ITA all rights and liabilities (including rights and liabilities in respect of superannuation) arising under contracts of employment with the ITA are transferred to the Executive.