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(1)The following bodies corporate (each a “research council”) cease to exist—
(a)the Arts and Humanities Research Council,
(b)the Biotechnology and Biological Sciences Research Council,
(c)the Economic and Social Research Council,
(d)the Engineering and Physical Sciences Research Council,
(e)the Medical Research Council,
(f)the Natural Environment Research Council,
(g)the Science and Technology Facilities Council, and
(h)the Technology Strategy Board.
(2)The Royal Charters establishing the research councils, and any supplemental Royal Charter granted to a council, are revoked.
(3)A property transfer scheme made by the Secretary of State under Schedule 10 in connection with a research council must, in particular, make provision for the transfer of the symbolic property of the council to UKRI.
(4)The symbolic property of a research council is—
(a)the name of, and any other name used by, the council,
(b)any goodwill in a name falling within paragraph (a),
(c)any logo or insignia of the council, and
(d)any seal of the council.
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