# The Grant for Research and Development (Transfer of Contracts etc) Order 2011, Article 3: Transfer of property, rights, liabilities and obligations


There are transferred to the TSB on the relevant Transfer Date:
(a) all the rights and obligations of the Secretary of State under the grant agreement as at the relevant Transfer Date;
(b) all the liabilities of the Secretary of State arising under the grant agreements as at the relevant Transfer Date;
(c) all the records and documents held by the Secretary of State in connection with the grant agreements as at the relevant Transfer Date.

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Source: https://www.legislation.gov.uk/uksi/2011/1953/article/3 (the official version)
Page: https://openlegislation.uk/grant-for-research-and-development-transfer-of-contracts-etc-order-2011/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.