SCHEDULES

SCHEDULE 3 Transitional Provisions and Savings

Effect of, and interpretation of, agreements etc.

6

Any agreement made, transaction effected or other thing done by, to or in relation to—

a

the Scottish Development Agency which is in force or effective immediately before the first transfer date; or

b

the Highlands and Islands Development Board which is in force or effective immediately before the second transfer date,

shall have effect as if made, effected or done by, to or in relation to the body in question’s successor, in all respects as if the successor were the same person in law as that body; and accordingly references to the Agency or as the case may be to the Board—

i

in any agreement (whether or not in writing) and in any deed, bond or instrument;

ii

in any process or other document issued, prepared or employed for the purposes of any proceedings before any court or other tribunal or authority; and

iii

in any other document whatsoever (other than an enactment) relating to or affecting any property, right or liability of the body in question which is transferred by this Act,

shall be taken as referring to that body’s successor.