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This Order provides for the transfer of the property, rights and liabilities of the Royal Patriotic Fund Corporation (a body corporate established under the Patriotic Fund Reorganisation Act 1903(1)) to the RPFC, a company registered under the Charities Act 1993, and for the dissolution of the Royal Patriotic Fund Corporation. The RPFC has been established for the benefit of the persons specified in section 6 of the Armed Forces (Pensions and Compensation) Act 2004. Schedule 2 to that Act makes further provision in relation to the transfer of employees to the RPFC.
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