OpenLegislation

Regulation 17 Completion of functions, winding-up and payments of surplus

Original text. Later amendments are not shown.

(1)

As soon as the Board has—

(a)

completed all disciplinary hearings outstanding as at 30th June 1997 and

(b)

dealt with the annual report and accounts for the financial year ending 30th June 1997, as specified in paragraph 13(2) of these regulations,

then the Board shall pay any remaining monies it holds to the Council.

(2)

When the Board has paid the remaining monies to the Council, in accordance with paragraph (1) of this regulation, the Board shall notify the Ministers that it has wound up its affairs in accordance with section 38(5) of the Act.