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(1)All property (including rights) and liabilities of the Authority are transferred to, and vest in, the Scottish Ministers.
(2)Anything done by, on behalf of or in relation to the Authority is to be treated as having instead been done by, on behalf of or in relation to the Scottish Ministers.
(3)Any reference to the Authority in a contract, deed or other document giving rise to a legal obligation, is to be read as a reference to the Scottish Ministers.
(4)Any legal proceedings raised by, or against, the Authority may be continued by, or against, the Scottish Ministers.
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Text created by the Scottish Government 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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