Article 2
On 31st December 2002 the corporation shall be dissolved and—
(a)
all of the corporation’s property, rights and liabilities specified in Part 1 of the Schedule to this Order shall be transferred to Chesterfield College;
(b)
all of the corporation’s property, rights and liabilities specified in Part 2 of the Schedule to this Order shall be transferred to North Nottinghamshire College;
(c)
all of the corporation’s property, rights and liabilities specified in Part 3 of the Schedule to this Order shall be transferred to The Derbyshire County Council; and
(d)
all other property, rights and liabilities belonging to the corporation shall be transferred to the Council.