Article 4 Additional purposes of the Commission

(1)

The purposes for which the Commission exists, as mentioned in section 36(1) of the 1981 Act (functions of the Commission), shall also include—

(a)

to take over and, with a view to its eventual disposal, to hold, manage and turn to account the property of the Trust transferred to the Commission by article 3, and

(b)

as soon as it considers expedient to do so, to dispose of property so transferred, and

(c)

to carry out any functions so transferred.

(2)

In this article—

(a)

any reference to property includes a reference to rights and liabilities; and

(b)

in relation to liabilities, any reference to disposal includes a reference to extinguishment.