3.—(1) There are hereby transferred to and vested in the Parliamentary corporation any rights and interests belonging to a Minister of the Crown or government department (other than a right or interest in land or corporeal moveable property) so far as those rights or interests relate to–
(a)any property transferred by article 2; or
(b)the Parliament or any function of the Parliamentary corporation.
(2) There are hereby transferred to and vested in the Parliamentary corporation any liabilities to which a Minister of the Crown or government department is subject so far as those liabilities relate to any property transferred to the Parliamentary corporation by this Order.
(3) In the case of any rights or interests to which this article applies which relate to other functions as well as functions of the Parliamentary corporation, the Secretary of State may determine the extent to which those rights or interests transfer to the Parliamentary corporation.