7(1)The new Council must discharge a duty which satisfies the following three conditions.
(2)The first condition is that the duty arises under—
(a)section 8(6)(a) of the [1992 c. 13.] Further and Higher Education Act 1992 (report on further education for disabled students), or
(b)paragraph 16 of Schedule 1 to that Act (accounts).
(3)The second condition is that the duty arises in respect of a period ending before the appointed day.
(4)The third condition is that apart from this Act the duty—
(a)would have fallen to be discharged by the old Council after the appointed day, or
(b)fell to be discharged by the old Council before the appointed day but has not been discharged.