5 Transfer of property
1 Subject to paragraph (3) below, any property (real or personal) which—
(a) immediately before 1st April 1996 is situated in the police area of the transferor authority and is held by that authority, and
(b) as a result of the changes made by article 2 above, will be situated in the police area of the transferee authority,
shall transfer on that date from the transferor authority to the transferee authority and shall vest in the latter, together with all rights and obligations in connection therewith.
2 In this article—
“transferor” authority means North Wales police authority or South Wales police authority; and
“transferee authority” means—
(i) Dyfed Powys police authority in relation to transfers from North Wales police authority, and
(ii) Gwent police authority in relation to transfers from South Wales police authority.
3 This article shall not apply to the Radio Station at the Divisional Office of Welsh Water at Pentwyn Road, Nelson, Treharris, Mid Glamorgan which is leased by South Wales police authority.