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10. On 1st April 1996, all property—
(a)which is vested in a disaggregating authority (other than Strathclyde Regional Council) by virtue of, and wholly for the purposes of, its functions as a valuation authority; or
(b)which is vested in a joint committee established under the Valuation (Combination of Councils) (Scotland) (No.2) Order 1974(1),
shall transfer to and vest in the joint board which is by virtue of the Valuation Joint Boards (Scotland) Order 1995(2) to be, with effect from that date, the valuation authority for the area of the disaggregating authority or joint committee, as the case may be.
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