The Technology Strategy Board (Transfer of Property etc.) Order 2008

Statutory Instruments

2008 No. 1405

Scientific Research

The Technology Strategy Board (Transfer of Property etc.) Order 2008

Made

29th May 2008

Coming into force

7th June 2008

The Secretary of State, in exercise of the power conferred by section 3(6) of the Science and Technology Act 1965(1), makes the following Order:

Citation and commencement

1.  This Order may be cited as the Technology Strategy Board (Transfer of Property etc.) Order 2008 and shall come into force on 7th June 2008.

Transfer of property, rights, liabilities and obligations

2.  There are transferred to the Technology Strategy Board all property, rights, liabilities and obligations held, acquired or incurred by the Secretary of State on or before 7th June 2008—

(a) arising under or in relation to the grants awarded by the Secretary of State(2) under section 5(1) of the Science and Technology Act 1965(3) which are specified in the Schedule; and

(b) otherwise arising in connection with the award or administration of any of the grants referred to in paragraph (a),

whether imposed by or under any statutory provision, in relation to any civil proceedings, or otherwise.

Malcolm Wicks

Minister of State for Energy,

Department for Business, Enterprise and Regulatory Reform

29th May 2008

Article 2(a)

SCHEDULE Specified Grants

Date when Grant Offer made	Project for which Grant awarded	Recipient of Grant
24th August 2005	SeaGen Project-Construction and Operation	Sea Generation Ltd
25th May 2005	Novel Moored Tidal Stream Generating Equipment	Soil Machine Dynamics Ltd
25th February 2005	RTT Tidal Stream Technology Development	Lunar Energy Ltd

EXPLANATORY NOTE

(This note is not part of the Order)

The Technology Strategy Board (“TSB”) was established as a Research Council on 1st April 2007 under the Science and Technology Act 1965 (c.4) by virtue of the Technology Strategy Board Order 2007 (S.I. 2007/280). This Order makes provision for the transfer to the TSB of all property, rights, liabilities and obligations held, acquired or incurred by the Secretary of State under or in relation to certain grants relating to Energy and Technology Innovation.

A full impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.

(1)

1965 c.4; section 3(6) was amended by articles 2(1) and 3 of S.I. 1992/1296 and article 3(1) of, and paragraph 1(1) of the Schedule to, S.I. 1995/2985.

(2)

Such grants were originally awarded by the Secretary of State for Trade and Industry but, with effect from 12th December 2007, all property, rights, liabilities and obligations arising under or in relation to these grants were transferred to the Secretary of State for Business, Enterprise and Regulatory Reform by virtue of S.I. 2007/3224, articles 11 and 12(3) and (5).

(3)

Section 5(1) was amended by articles 2(2)(a) and 3 of S.I. 1992/1296, article 3(3)(a) of, and paragraph 1(2) of the Schedule to, S.I. 1995/2985 and article 2(1) and (2) of S.I. 1999/2785.