3.—(1) The Authority shall be dissolved on the date of dissolution.
(2) An order under paragraph 1 prescribing the date of dissolution may make such provision as the Department thinks fit—
(a)for the transfer to any body or person specified in the order of any assets or liabilities to which the Authority is entitled or subject immediately before its dissolution;
(b)for the carrying on and completion by or on behalf of the Department of any thing commenced by or on behalf of the Authority; and
(c)otherwise in relation to, or connected with, the dissolution of the Authority.