The Laganside Development (Northern Ireland) Order 1989

PART IIN.I.THE LAGANSIDE CORPORATION

Constitution of the CorporationN.I.

The Laganside CorporationN.I.

4.  F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Financial provisionsN.I.

Financial duties of the CorporationN.I.

5.  F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Grants to the Corporation by DepartmentN.I.

6.  F3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Borrowing by the CorporationN.I.

7.  F4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Payment by the Corporation of surplus funds to DepartmentN.I.

8.  F5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Power to dissolve the CorporationN.I.

Power to dissolve the CorporationN.I.

9.—(1) The Department may by order made subject to affirmative resolution make provision for, and in connection with, the dissolution of the Corporation.

(2) An order under this Article may—

(a)provide for the transfer of the functions, assets and liabilities of the Corporation to any other body or person;

(b)contain such incidental, consequential, transitional or supplementary provisions (including the amendment or repeal of any statutory provision (including this Order)) as appear to the Department to be necessary or expedient for giving full effect to the provisions of the order.