Education Act 1997

34 Transfer of property

(1) The Secretary of State may by order provide for the transfer to the Qualifications and Curriculum Authority, or (as the case may be) to the Qualifications, Curriculum and Assessment Authority for Wales, of—

(a) such of the land or other property of the National Council for Vocational Qualifications or the School Curriculum and Assessment Authority, and

(b) such of the rights and liabilities of either of those bodies (other than rights and liabilities arising under contracts of employment),

as, in his opinion, need to be transferred to enable the transferee Authority to carry out their functions properly.

(2) No order under subsection (1) may be made after the end of the period of six months beginning with the day on which section 21 comes into force.

(3) Any order under subsection (1) made before the day on which section 21 comes into force shall come into force on that day.

(4) Where, immediately after the end of the period within which an order under subsection (1) may be made, any property, rights or liabilities remain vested in the National Council for Vocational Qualifications or the School Curriculum and Assessment Authority, they shall forthwith vest in the Secretary of State.

(5) The Secretary of State may by order provide that there shall be substituted for the period mentioned in subsection (2) such shorter period as he may specify in the order, being a period ending no earlier than the day on which the order comes into force.