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The Enterprise Ulster (Dissolution) Order (Northern Ireland) 2007
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- Northern Ireland Statutory Rules
- 2007 No. 57
- Explanatory Note
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EXPLANATORY NOTE
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This Order winds up and dissolves Enterprise Ulster (“the Corporation”) as established under the Enterprise Ulster (Northern Ireland) Order 1973. Article 12(4) of that Order provides for the transfer of rights and liabilities of the Corporation to the Department for Employment and Learning upon the dissolution of the Corporation. This Order provides for the Corporation to discharge its liabilities during winding up and for the Department to do so where there are unsatisfied creditors after dissolution. The Order also provides for the production of final accounts, for the safeguarding of records and of the continuity of and in respect to contracts and legal proceedings.
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