Social Security Contributions (Transfer of Functions, etc. ) Act 1999

21 Property, rights and liabilities.E+W+S

This section has no associated Explanatory Notes

(1)In this section a “transfer provision” means any of the following provisions of this Act—

(a)section 1 and Schedules 1 and 2,

(b)section 2 and Schedule 3,

(c)section 8, and

(d)section 16(1).

(2)Any property, rights and liabilities to which the Secretary of State is entitled or subject immediately before the commencement of a transfer provision in connection with functions transferred to the Board or the Treasury by virtue of that provision are hereby transferred to the Board or, as the case may be, the Treasury on the commencement of that provision.

(3)A certificate issued by the Board or the Treasury that any property vested in the Secretary of State immediately before the commencement of a transfer provision has been transferred by virtue of this Act to the Board or, as the case may be, the Treasury shall be conclusive evidence of the transfer.