# The London Residuary Body (Pits at Stone) Order 1994, Note: Explanatory note


(This note is not part of the Order)
This Order gives effect, with modifications, to a scheme submitted by the London Residuary Body for the transfer of certain rights and liabilities.
Article 2 provides for the transfer of rights and liabilities in respect of Pits 9, 9A and 10, London Road, Stone, Kent, to the council of the London Borough of Bexley (“Bexley”).
Article 3 makes provision for the sum of £500,000 to be transferred to Bexley to enable it to meet any expenditure incurred in consequence of the provisions of the Order.
Article 4 makes provision for the apportionment by Bexley of surplus monies and of expenditure which cannot be met from the monies.

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Source: https://www.legislation.gov.uk/uksi/1994/3104/note (the official version)
Page: https://openlegislation.uk/london-residuary-body-pits-at-stone-order-1994/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

