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(1)The Occupational Pensions Board (referred to in this section as “the Board”) is hereby dissolved.
(2)An order under section 180 appointing the day on which subsection (1) is to come into force may provide—
(a)for all property, rights and liabilities to which the Board is entitled or subject immediately before that day to become property, rights and liabilities of the Authority or the Secretary of State, and
(b)for any function of the Board falling to be exercised on or after that day, or which fell to be exercised before that day but has not been exercised, to be exercised by the Authority, the Secretary of State or the Department of Health and Social Services for Northern Ireland.
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