Effect of transfers of property and liabilities
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7(1)On the transfer date—
(a)property to which a property transfer scheme approved or made by the Scottish Ministers under this schedule applies transfers to and vests in, and
(b)liabilities to which such a scheme applies become liabilities of,
the transferee authority.
(2)A certificate issued by the Scottish Ministers that any property or liability has, or has not, been transferred by virtue of sub-paragraph (1) is conclusive evidence of the transfer or the fact that there has not been a transfer.