OpenLegislation

Article 3 Transfer of property, rights, liabilities and obligations

Original text. Later amendments are not shown.

In relation to the operation of the United Kingdom Space Agency, there are transferred to the Secretary of State for Business, Innovation and Skills all property, rights, liabilities and obligations held, acquired or incurred as at the coming into force of this Order—

(a)

by NERC, STFC or TSB in connection with the agreements specified in Part 1 of the Schedule; and

(b)

by STFC in connection with the grants awarded by STFC which are specified in Part 2 of the Schedule.