(1)Any property, rights and liabilities which are the subject of a transfer scheme are to be transferred to and vested in the [F2Wales Audit Office] in accordance with the scheme.
(2)For this purpose “a transfer scheme” means a scheme contained in an order made under paragraph 1 of Schedule 3.
(3)Schedule 3 (which makes provision about schemes for the transfer of property etc) has effect.
Textual Amendments
F1S. 68 heading substituted (1.4.2014) by The Public Audit (Wales) Act 2013 (Consequential Amendments) Order 2014 (No. 77), arts. 1(1), 3(3)
F2Words in s. 68(1) substituted (1.4.2014) by The Public Audit (Wales) Act 2013 (Consequential Amendments) Order 2014 (No. 77), arts. 1(1), 3(2)