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Article 4 Transfer of trust property.

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

(1)

Subject to paragraph (2), any trust property vested immediately before 1st April 1996 in any old authority specified in column (1) in Part I of Schedule 1 shall on that date be transferred to the relevant new authority.

(2)

Paragraph (1) shall not apply to any trust property which is vested immediately before 1st April 1996 in an old authority and which is transferred on that date by virtue of an order made under section 92 of the 1977 Act.