{
  "url": "https://openlegislation.uk/london-residuary-body-transfer-of-property-etc-order-1990/article-6",
  "json_url": "https://openlegislation.uk/london-residuary-body-transfer-of-property-etc-order-1990/article-6.json",
  "legislation": "uksi/1990/419",
  "legislation_title": "The London Residuary Body (Transfer of Property etc) Order 1990",
  "legislation_url": "https://openlegislation.uk/london-residuary-body-transfer-of-property-etc-order-1990",
  "path": "article/6",
  "kind": "article",
  "number": "6",
  "heading": "Transfer of Money",
  "text": "(1) (a) Immediately before the transfer date the Residuary Body shall set aside from its revenue balances the sum of £2 million; and\n(b) on the transfer date the Residuary Body shall pay that sum to Bromley.\n(2) The sum referred to in paragraph (1) shall be applied by Bromley to defray expenditure incurred by it in consequence of the provisions of this Order.\n(3) If the defraying of expenditure does not exhaust the sum referred to in paragraph (1) Bromley shall apportion the remaining amount among the local councils and the Common Council; and shall pay the appropriate proportion to each of the other local councils and the Common Council and retain the balance.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "amended",
      "affecting": "uksi/1992/2257",
      "affecting_title": "The Education (London Residuary Body) (Transfer of Functions and Property) (No. 2) Order 1992"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1990/419/article/6",
    "retrieved_at": "2026-10-29T15:26:16.270375+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}