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Article 2 Transfer of trust property

Original text. Later amendments are not shown.

(1)

On the date that this Order comes into force the trust property, and any rights and liabilities arising from that property, shall be transferred from the relevant old Trust to the relevant new Trust.

(2)

Following the transfers in paragraph (1) any reference in any instrument relating to the trust property, to the trustees of the trust property or to the relevant old Trust shall be construed as a reference to the relevant new Trust.