# University College London Act 1999, Section 5: Transfer of obligations, etc


All debts and obligations of the Institute shall on the appointed day be transferred and attached to the College and shall thereafter be discharged and satisfied by the College.

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Source: https://www.legislation.gov.uk/ukla/1999/2/section/5 (the official version)
Page: https://openlegislation.uk/university-college-london-act-1999/section-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.