OpenLegislation

Paragraph 3 Transfer of propertyI1I2

Scotland

(1)

With effect from the transfer date, all property, rights, liabilities and obligations to which sub-paragraph (2) applies, are transferred to, and vest in, Qualifications Scotland.

(2)

Sub-paragraph (1) applies to—

(a)

all property (including corporeal and incorporeal moveable property) which immediately before the transfer date was owned by the Scottish Qualifications Authority, and

(b)

all rights, liabilities and obligations which, immediately before the transfer date, subsisted in respect of the Scottish Qualifications Authority.

(3)

Sub-paragraph (1) has effect in relation to any property or liabilities to which it applies despite any provision (of whatever nature) which would otherwise prevent, penalise or restrict the transfer of the property or liabilities.

Annotations

Commencement

I1

Sch. 3 para. 3 not in force at Royal Assent, see s. 66(2)

I2

Sch. 3 para. 3 in force at 1.2.2026 by S.S.I. 2026/2, reg. 2(2)(3), sch. Pt. 1