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This is the original version (as it was originally enacted).
(1)The [1975 c. 70.] Welsh Development Agency Act 1975 shall be amended as provided in this section.
(2)In section 2(1) (membership of the Agency), for the words " six nor more than eight" there shall be substituted the words " seven nor more than nine ".
(3)In section 2, after subsection (1), there shall be inserted the following subsection—
“(1A)One member of the Agency shall be the person who is chairman for the time being of the Development Board for Rural Wales.”;
and in subsection (2) (appointment of members by Secretary of State), after the words " other members of the Agency ", there shall be inserted the words " (other than the chairman of the Development Board for Rural Wales) ";
(4)In section 5 (Agency may discharge certain of their functions through agents), after subsection (1), there shall be inserted the following subsection—
“(1A)The Agency may appoint the Development Board for Rural Wales to act as their agent to carry out the Agency's functions mentioned in section 1(3)(b) to (d) above.”
(1)This section applies to property of the following descriptions, that is to say, industrial sites, factories and land used for industrial purposes which—
(a)is or are situated within the area for which the Board is responsible, and
(b)at the day appointed for this section to come into operation, is or are vested in the Welsh Development Agency;
and to all rights, obligations and liabilities arising out of the ownership or occupation of such property (in this section referred to as " related rights, obligations and liabilities").
(2)The Secretary of State may from time to time by order under this section transfer from the "Welsh Development Agency to the Board on such date as may be specified in the order such property to which this section applies together with such related rights, obligations and liabilities of the Agency at that date as may be specified in the order.
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