Paragraph 2 I1

(1)

Without prejudice to paragraph 1, the Welsh Ministers may, by order, make provision about the property, rights and liabilities of the Board.

(2)

The power conferred by sub-paragraph (1) includes, but is not limited to, power to make provision for—

(a)

property, rights and liabilities to be transferred to—

(i)

the Commissioner, or

(ii)

the Welsh Ministers;

(b)

transfers of property, rights or liabilities of the Board to have effect subject to exceptions or reservations;

(c)

transfers of property, rights or liabilities to have effect in spite of any provision (of whatever nature) which would otherwise prevent or restrict the transfer;

(d)

the creation of interests in, or rights over, property of the Board or property transferred from the Board;

(e)

the creation of rights and liabilities—

(i)

between the Board and the Commissioner, or

(ii)

between the Board and the Welsh Ministers.

(3)

In this paragraph—

“property” (“eiddo”) includes property situated outside the United Kingdom;
“rights and liabilities” (“hawliau a rhwymedigaethau”) includes rights and liabilities arising otherwise than under the law of England and Wales.

Annotations

Commencement

I1: Sch. 12 para. 2 in force at 28.6.2011 by S.I. 2011/1586, art. 2(d)