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The Education (London Residuary Body) (Transfer of Loans) Order 1992
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- 1992 No. 501
- Article 4
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Extinguishment of existing rights and liabilities, revocation and saving
4.—(1) Subject to paragraph (2) below, the rights and liabilities created by section 177(2) and (3) of the Education Reform Act 1988 and the Education (Inner London Education Authority) (Repayment of Loans) Order 1990(1) are extinguished and that Order is hereby revoked.
(2) Paragraph (1) above shall not have effect in relation to rights and liabilities—
(a)which accrued before 1st April 1992; and
(b)in respect of payments which fall to be made on 30th September 1992 in accordance with article 6(3) of the said Order.
(1)
S.I. 1990/775.
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