{
  "url": "https://openlegislation.uk/federation-of-rhodesia-and-nyasaland-dissolution-order-in-council-1963/article-7",
  "json_url": "https://openlegislation.uk/federation-of-rhodesia-and-nyasaland-dissolution-order-in-council-1963/article-7.json",
  "legislation": "uksi/1963/2085",
  "legislation_title": "The Federation of Rhodesia and Nyasaland (Dissolution) Order in Council 1963",
  "legislation_url": "https://openlegislation.uk/federation-of-rhodesia-and-nyasaland-dissolution-order-in-council-1963",
  "path": "article/7",
  "kind": "article",
  "number": "7",
  "heading": "Powers of Agency",
  "text": "The Liquidating Agency shall have power to do anything which is calculated to facilitate the discharge of its functions or which is incidental or conducive thereto, including in particular, but without prejudice to the generality of the foregoing power, power—\n(a) to declare forfeit to the Agency, after three months' notice, any unclaimed moneys or other property held to the order of the Exchange Control Suspense Account of the Federation;\n(b) to dispose of outstanding matters in relation to the Commonwealth Assistance Loan under the Federation of Rhodesia and Nyasaland Credit Agreement 1962;\n(c) to pay to the Government of a Territory any expenditure incurred by it in the performance of functions on behalf of Territories jointly;\n(d) to invest moneys in such bonds, stock or other securities as it may think fit;\n(e) to borrow sums required by it for meeting any of its obligations or discharging any of its functions;\n(f) to write off debts or settle claims;\n(g) to delegate the exercise of any of its functions or powers; and\n(h) to arrange for the audit of accounts relating to the winding up of the affairs of the Federation.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1963/2085/article/7",
    "retrieved_at": "2026-10-30T00:12:18.320003+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}