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The Southwark Primary Care Trust (Transfer of Trust Property) Order 2003
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- UK Statutory Instruments
- 2003 No. 619
- Article 2
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Transfer of trust property
2.—(1) On 1st April 2003 the trust property, and any rights and liabilities arising from that property(1), shall be transferred from the old Trust to the new Trust.
(2) In any trust instrument relating to the trust property, any reference to the name by which the trustees of the trust property are to be known shall be construed as a reference to the new Trust and any reference to the old Trust in the name by which the charitable trust governing the trust property is to be known shall be construed as a reference to the new Trust.
(1)
See section 96(1) of the 1977 Act as amended by paragraph 29 of Schedule 4 to the 1999 Act which makes supplementary provisions regarding transfers of property under section 92 of that Act.
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