# The Education (Transition to New Framework) (New Schools, Groups and Miscellaneous) Regulations 1999, Regulation 22: Property, rights and liabilities


On the transfer date—
(a) all land and other property which, immediately before the transfer date, was property of the temporary or transitional governing body (as the case may be) used or held for the purposes of the new LEA maintained school, and
(b) all rights and liabilities of the temporary or transitional governing body (as the case may be) subsisting immediately before that date which were acquired or incurred for those purposes,
shall be transferred to and, by virtue of this regulation, vest in the governing body constituted under the instrument of government.

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Source: https://www.legislation.gov.uk/uksi/1999/362/regulation/22 (the official version)
Page: https://openlegislation.uk/education-transition-to-new-framework-new-schools-groups-and-miscellaneous-regulations-1999/regulation-22
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.