Citation and Commencement

1.—(1) This Order may be cited as the Laganside Corporation Dissolution Order (Northern Ireland) 2006.

(2) Subject to paragraphs (3) and (4) this Order shall come into operation on 1st April 2007.

(3) The following provisions shall come into operation on 1st July 2007 namely—

(a) Article 3(1) so far as it relates to the functions of the Corporation under paragraphs 16 to 19 of Schedule 1 to the 1989 Order;

(b) Article 4; and

(c) Article 5(2) so far as it repeals the following provisions of the 1989 Order namely—

(i) the definition of “the Corporation” in Article 2(2);

(ii) Articles 4, 6 and 8; and

(iii) Schedule 1(other than paragraphs 16(4) and (5) and 19(2)).

(4) Article 5(2) so far as it repeals paragraphs 16(4) and (5) and 19(2) of Schedule 1 to the 1989 Order shall come into operation on 1st July 2008.

Interpretation

2.  In this Order—

“the Department” means the Department for Social Development;

“the 1989 Order” means the Laganside Development (Northern Ireland) Order 1989.

Transfer of functions etc., to the Department

3.—(1) The functions of the Corporation shall be transferred to the Department.

(2) Schedule 1 (which makes provision for the transfer of the assets and liabilities of the Corporation to the Department and for other matters) shall have effect.

Dissolution of the Corporation

4.  The Corporation shall be dissolved.

Amendments and repeals

5.—(1) The provisions of the 1989 Order set out in Part 1 of Schedule 2 have effect subject to the amendments specified in that Part.

(2) The provisions of the 1989 Order set out in Part 2 of Schedule 2 are repealed to the extent specified in that Part.

Sealed with the Official Seal of the Department for Social Development on 18th December 2006

Jackie Johnston

A senior officer of the Department for Social Development