Article 4 Transfer of property, rights, liabilities and obligations

(1)

On 1st April 1999 there shall be transferred to and vested in the governing body of the University all property, rights, liabilities and obligations to which immediately before 1st April 1999 the governing body of the College was entitled or subject.

(2)

References to the College or the governing body thereof–

(a)

in any agreement, deed, bond, instrument or notice;

(b)

in any action or proceeding pending or existing at 1st April 1999 by or against the governing body of the College before any court or other tribunal; and

(c)

in any other document whatsoever relating to or affecting any property, right, liability or obligation of the governing body of the College which vests by virtue of this Article in the governing body of the University,

shall be taken on or after 1st April 1999 as referring to the University or the governing body of the University as appropriate.