SCHEDULES
F1F1SCHEDULE 1
Incorporation of Agency and execution of instruments and contracts
F219B
A person dealing with the Agency, or with a person claiming under the Agency, shall not be concerned to inquire—
a
whether any directions have been given to the Agency under this Act or whether any directions so given have been complied with; or
b
whether any approval, authority or consent of the Secretary of State or the Treasury required for any of the purposes of this Act has been given, or whether any condition or limitation subject to which any such approval, authority or consent was given has been complied with,
and, in favour of any such person, the validity of anything done by the Agency shall not be affected by anything contained in any such direction, approval, authority or consent or by reason that any such direction, approval, authority or consent has not been given.
Sch. 1 omitted (1.4.2006) by virtue of The Welsh Development Agency (Transfer of Functions to the National Assembly for Wales and Abolition) Order 2005 (S.I. 2005/3226), arts. 1(1)(2), 7(1), Sch. 1 para. 30 (with art. 3(1))