The London Residuary Body (Transfer of Property etc) Order 1990

Transfer of specified housing property

2.—(1) On the transfer date all interests of the Residuary Body in–

(a) the land shown within the thick black line on the Plan titled “Plan A referred to in the London Residuary Body (Transfer of Property etc) Order 1990” shall vest in the council of the London Borough of Hounslow;

(b) numbers 66a to e, 67a to e, 69a to e, 71a to e, 74a to e, 76a to e and 86a to d Elsham Road, London W14 shall vest in the council of the Royal Borough of Kensington and Chelsea (“Kensington and Chelsea”);

(c) numbers 109a to e, 117a to e and 125a to e Holland Road, London W14 shall vest in Kensington and Chelsea;

(d) the land shown within the thick black line on the Plan titled “Plan B referred to in the London Residuary Body (Transfer of Property etc) Order 1990”, shall vest in the council of the London Borough of Hammersmith and Fulham (“Hammersmith and Fulham”); and

(e) numbers 1 to 84 Ollgar Close, Uxbridge Road, London W12 shall vest in Hammersmith and Fulham.

(2) (a) Subject to paragraph (3), immediately before the transfer date the Residuary Body shall set aside from its revenue balances the sum of £136,970; and

(b) on the transfer date the Residuary Body shall pay that sum to Kensington and Chelsea.

(3) The sum referred to in paragraph (2) shall be reduced by such amount as the Residuary Body may certify has been expended by it on or in connection with works of repair to the property transferred by paragraph (1)(b).

(4) The sum transferred by virtue of paragraph (2) shall be applied for defraying expenditure only on or in connection with works of improvement or repair to the properties transferred by paragraph (1)(b).

(5) Subject to paragraph (6), all rights and liabilities of the Residuary Body acquired or incurred in connection with, and all records relating exclusively to, property transferred by paragraph (1) shall vest in the council to which it is so transferred.

(6) The following rights and liabilities of the Residuary Body shall not transfer under paragraph (5)–

(a) those arising in respect of actions in the High Court of Justice, Queens Bench Division, Official Referee’s Business under references 1986 E. No. 763, 1986 O. No. 5307, 1987 H. No. 4964 and 1988 M. No. 881; and

(b) those arising in respect of actions in the High Court of Justice, Queens Bench Division, under references 1987 E. No. 594 and 1987 V. No. 571.