# The Thurrock Development Corporation (Transfer of Property, Rights and Liabilities) Order 2012, Note: Explanatory note


(This note is not part of the Order)
This Order transfers to Thurrock Borough Council (“the Council”) any residual property, rights and liabilities of Thurrock Development Corporation (“the Corporation”) (article 2). It is proposed that the Corporation will be dissolved on 31st October 2012.
Article 2(3) provides that the property, rights and liabilities which the Corporation needs to discharge its remaining functions are not transferred to the Council until the Corporation is dissolved.
Article 3 and the Schedule to this Order transfer to the Council the rights and liabilities under the contracts of employment of the specified employees.
No Impact Assessment has been prepared for this instrument as no impact on the private or voluntary sectors is foreseen.

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Source: https://www.legislation.gov.uk/uksi/2012/534/note (the official version)
Page: https://openlegislation.uk/thurrock-development-corporation-transfer-of-property-rights-and-liabilities-order-2012/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.