36Transfer of property, rights and liabilities to agencies
(1)The Secretary of State may by directions require the Urban Regeneration Agency to make one or more schemes for the transfer to regional development agencies of such of the Agency’s property, rights and liabilities as appear to him appropriate to be transferred in consequence of the carrying out by regional development agencies of an activity of the Agency.
(2)Schedule 9 shall have effect in relation to schemes under subsection (1).