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Paragraph 13 Transfer of property, rights and liabilities

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

On 1st April 1996 there shall transfer to and vest in the Board all property, rights and liabilities of any area tourist organisation wound up and dissolved in accordance with paragraph 11(2) other than such property, rights or liabilities as relate to Forth Valley Tourist Board which shall be divided equally between the Board and the Argyll, the Isles, Loch Lomond, Stirling and Trossachs Tourist Board established by virtue of the Argyll, the Isles, Loch Lomond, Stirling and Trossachs Tourist Board Scheme 1995.