Article 3 Transfer of property, rights and liabilities of the Standards Board for England
(1)
On the abolition date, subject to articles 4 to 6—
(a)
all property of the Board transfers to the ownership of the Secretary of State;
(b)
all rights and liabilities of the Board transfer to and vest in the Secretary of State; and
(c)
any reference to the Board in an instrument or document in respect of anything transferred is to be treated as a reference to the Secretary of State.
(2)
The Secretary of State may issue a certificate confirming that property has transferred from the Board to the Secretary of State, which is conclusive evidence that the property has been so transferred.