Article 7 Transfer of property etc.
This article shall have effect to—
(a)
transfer from the Authority to the Commission or, as the case may be, the Crown—
(i)
such property;
(ii)
such rights and liabilities relating thereto; and
(iii)
such other rights and liabilities,
as may be specified in a written notice from the Secretary of State under article 6(1)(b);
(b)
apportion between any of them—
(i)
such property;
(ii)
such rights and liabilities relating thereto; and
(iii)
such other rights and liabilities,
as may be so specified; and
(c)
create between them such rights and liabilities as may be so specified;
on such date or dates as may be so specified.