3.—(1) In this Order “the designated area”” means such area of land as the Department may by order designate for the purposes of this Order.
(2) The Department may by order alter the area of land for the time being designated by an order under paragraph (1) or this paragraph.
(3) An order under paragraph (2) may—
(a)make such amendment of the name of the Corporation as appears to the Department to be appropriate in consequence of any alteration of the designated area made by the order;
(b)amend any reference to the name of the Corporation in any statutory provision, including this Order.
(4) Where the effect of an order under paragraph (2) is that any area of land ceases to be within the designated area, the order may contain such transitional provisions relating to that land as appear to the Department to be appropriate, including provision for the transfer of the assets and liabilities held or enjoyed by the Corporation on or in relation to that land to any other body or person.
(5) An order under paragraph (1) or (2)—
(a)shall deffine the boundaries of the designated area by means of a map or plan; and
(b)may designate separate parcels of land as one area.