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The London Residuary Body (Winding Up) Order 1996

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Explanatory Note

(This note is not part of the Order)

This Order gives further effect to a scheme submitted by the London Residuary Body (“the LRB”) for its winding up and the disposal of its remaining functions, property, rights and liabilities. Article 2 confers on the Royal Borough of Kensington and Chelsea the Residuary Body’s remaining functions in relation to its accounts. Article 3 provides for the winding up of the LRB and the transfer of all remaining functions, property, rights and liabilities to Bromley. Article 4 makes provision for apportioning among the London borough councils and the Common Council any sums received or paid by Bromley or by Kensington and Chelsea. Article 5 provides for continuity in the exercise of functions. Article 6 provides for the handling of complaints of maladministration on the part of the LRB and article 7 for the determination of disputes.

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