PART 2South Wales Sea Fisheries Committee
Transfer of property, rights and liabilities6.
(1)
Save as provided by articles 5 and 7, on the transfer date—
(a)
all the property held by, on behalf of or for the purposes of the South Wales Sea Fisheries Committee immediately before that date; and
(b)
all rights and liabilities to which the South Wales Sea Fisheries Committee was entitled or subject immediately before that date,
are transferred to and vest in the Welsh Ministers.
(2)
A certificate issued by the Welsh Ministers that any property has been transferred by paragraph (1) is conclusive evidence of the transfer.
(3)
Paragraph (1) has effect in relation to the property, rights and liabilities to which it applies in spite of any provision (of whatever nature) which would prevent or restrict the transfer of those property, rights or liabilities otherwise than by that paragraph.
(4)
The liabilities falling within paragraph (1)(b) include liabilities in respect of persons formerly employed by or on behalf of the South Wales Sea Fisheries Committee.