Article 5 Transfer of property, rights and liabilities

The property, rights and liabilities of the RFA are transferred to the Secretary of State.

The transfer referred to in paragraph (1) has effect in spite of anything that would prevent or restrict the transfer of that property and those rights and liabilities otherwise than by this Order.

Anything done by or in relation to the RFA has effect as if done by or in relation to the Secretary of State.

Anything (including legal proceedings) which is in the process of being done by or in relation to the RFA immediately before its dissolution may be continued by or in relation to the Secretary of State.

References to the RFA in any instrument or other document have effect as references to the Secretary of State.

Paragraph (1) does not apply to rights and liabilities under contracts of employment.