Explanatory note

This Order confirms the Ipswich Port Authority Transfer Scheme 1996, as modified by the Secretary of State for Transport.

The Scheme was made by the Ipswich Port Authority following a direction given by the Secretary of State under section 10(3) of the Ports Act 1991. By virtue of section 9 of the Act the Scheme takes effect on the date on which the Order comes into force. On that date all property, rights and liabilities of the Authority (except as stated in paragraph 2(a) of the Scheme) and all functions conferred or imposed on the Authority by any local statutory provision are transferred to and by virtue of section 2 of the Act become property, rights and liabilities or (as the case may be) functions of the successor company specified by paragraph 3 of the Scheme.