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The Industrial Training (Offshore Petroleum Board) (Revocation) Order 1991
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- UK Statutory Instruments
- 1991 No. 263
- Explanatory Note
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Explanatory Note
(This note is not part of the Order)
This Order provides—
(a)for the winding up of the Offshore Petroleum Industry Training Board (the Board) which was established by the Industrial Training (Petroleum Board) Order 1967. That Order was amended by the Industrial Training (Offshore Petroleum Board) Order 1982;
(b)for the revocation of the Orders mentioned in (a) above with effect from 30th June 1991 (article 3);
(c)that on the revocation date the assets of the Board which are not required to meet its liabilities and the expenses of its winding up are to be applied for charitable purposes related to or connected with training for employment.
The Order also contains incidental and transitional provisions (article 4).
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