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The Transfer of Functions (Financial Services) Order 1992

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Transfers of property, rights and liabilities

8.  There are hereby transferred—

(a)to the Solicitor for the affairs of Her Majesty’s Treasury any property, rights and liabilities to which, immediately before the coming into force of this Order, the Secretary of State for Trade and Industry is entitled or subject in connection with the Barlow Clowes ex gratia payments scheme; and

(b)to the Treasury all other property, rights and liabilities to which, immediately before the coming into force of this Order, the Secretary of State for Trade and Industry is entitled or subject in connection with any functions transferred by this Order.

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