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National Film Finance Corporation Act 1981 (repealed 5.11.1993)

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Changes over time for: Cross Heading: Dissolution of Corporation

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Version Superseded: 05/11/1993

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Dissolution of CorporationE+W+S

8(1)The Secretary of State may, with the approval of the Treasury, by order dissolve the Corporation—

(a)at any time after the end of 1985, or

(b)upon their functions ceasing to be exercisable by virtue of section 9.

(2)Any such order—

(a)may vest any property, rights or liabilities of the Corporation in the Crown or such person acting on behalf of the Crown as may be specified in the order;

(b)may contain such incidental or consequential provisions as may appear to the Secretary of State to be necessary or expedient;

(c)may be varied by a subsequent order of the Secretary of State with the approval of the Treasury.

(3)Any order under this paragraph shall be made by statutory instrument; but no such order shall be made unless a draft of the order has been laid before the House of Commons and approved by a resolution of that House.

(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

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