# The Potato Marketing Board (Residuary Functions) Regulations 1997, Note: Explanatory note


(This note is not part of the Regulations)
In accordance with the Agriculture Act 1993 (“the Act”) the Minister of Agriculture, Fisheries and Food, the Secretary of State for Scotland and the Secretary of State for Wales have granted an application by the Potato Marketing Board (“the Board”) for the approval of a scheme providing for the transfer of its property, rights and liabilities under section 27 of the Act on 30th June 1997.
As a result of the transfer, section 26 of the Act provides that the Potato Marketing Scheme 1955, which constituted the Board, is also revoked with effect from 1st July 1997 although, under section 37 of the Act, the Board shall not be deemed to be dissolved by reason of the revocation but shall continue to exist in residuary form and so much of the potato marketing scheme as relates to the winding up of the Board shall continue in force, subject to Regulations which may be made under section 38 of the Act.
These Regulations, which come into force on 30th June 1997, make provision for the purpose of giving effect to so much of the approved scheme as relates to the Board in the period after the transfer and make provision in relation to the constitution of the Board and for the purpose of enabling the Board to wind up its affairs. In accordance with that section the Regulations provide for certain provisions of the potato marketing scheme to continue to have effect, subject to certain modifications, and contain new provisions.

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Source: https://www.legislation.gov.uk/uksi/1997/1573/note (the official version)
Page: https://openlegislation.uk/potato-marketing-board-residuary-functions-regulations-1997/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.