# The London Residuary Body (Transfer of Property etc) Order 1990, Article 13: Rights and liabilities


All rights and liabilities of the Residuary Body arising from the exercise by the abolished council of its powers under the following provisions shall vest in the local council–
(a) section 49(3) and Parts VII and VIII of the Housing Act 1974 (“the 1974 Act”); and
(b) section 40(2) of the Housing Act 1969,
save that any sums in respect of contributions made to the abolished council by the Secretary of State under the 1974 Act which fall to be paid in the financial year beginning on 1st April 1989 shall be paid to the Residuary Body.

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Source: https://www.legislation.gov.uk/uksi/1990/419/article/13 (the official version)
Page: https://openlegislation.uk/london-residuary-body-transfer-of-property-etc-order-1990/article-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.