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The Bill for this Act of the Scottish Parliament was passed by the Parliament on 3rd March 2010 and received Royal Assent on 9th April 2010
An Act of the Scottish Parliament to transfer the property, rights, interests and liabilities of the Ure Elder Fund for Indigent Widow Ladies to a successor charitable trust; and for connected purposes.
(1)All property, rights, interests and liabilities of the transferor are transferred to and vest in the transferee.
(2)Any legal proceedings, applications to any authority or other proceedings for the resolution of a dispute by or against the transferor which are pending or current immediately before this Act comes into force may be continued by or against the transferee.
(1)The transferor is dissolved.
(2)The Ure Elder Fund Order Confirmation Act 1906 is repealed.
In this Act—
“transferee” means the Ure Elder Trust established by Deed of Trust dated 26 August 2009 and subsequently registered in the Books of Council and Session;
“transferor” means the Ure Elder Fund for Indigent Widow Ladies incorporated by Act of Parliament under and by virtue of the Ure Elder Fund Order Confirmation Act 1906.
(1)This Act may be cited as the Ure Elder Fund Transfer and Dissolution Act 2010.
(2)This Act comes into force two months after it has received Royal Assent.
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Text created by the Scottish Executive department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills
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