University of Manchester Act 2004 (c. 4)

Part 2 Transfer of functions and property, etc., touniversity and dissolution of existing bodies

6 Transfer of obligations, etc., to University

(1) Subject to subsection (2) below, all debts and obligations of the existing bodies shall on the appointed day be transferred and attached to the University and shall thereafter be discharged and satisfied by the University.

(2) This section shall not apply to any debts and obligations in respect of any person referred to in section 8 (Continuation of employment) of this Act.