3.—(1) Regulations 7 and 11 to 13 of the Local Government (Structural Changes)(Transfer of Functions, Property, Rights and Liabilities) Regulations 2008(1) (transfer of property etc of predecessor councils) shall not apply in relation to any property of a predecessor council which vests in charter trustees by virtue of this regulation.
(2) Where charter trustees are established for the whole or any part of the area of a predecessor council, any property of that authority (and any rights and liabilities in respect of that property) which is historic property and which relates to the charter trustee area shall, on the reorganisation date, vest in those charter trustees.
(3) Charter trustees may, with the relevant council’s agreement, dispose of any historic property which vests in them by virtue of paragraph (2) to the relevant council if the property in question has a closer association with the area of that council than it does with the charter trustee area.
(4) Any question as to the interpretation or application of this regulation which—
(a)relates to the vesting of any historic property, and
(b)is not resolved before the end of the period of 12 months beginning with the reorganisation date,
may be determined by a person agreed on by the relevant council and the charter trustees or, failing their agreement, by a person appointed for this purpose by the Secretary of State.
(5) Pending the determination of a question under paragraph (4), the historic property concerned shall vest in the relevant council.
(6) In this regulation—
“historic property” means any charter, insignia, plate or other property which is of an historic and ceremonial nature, held by a predecessor council, other than—
land and buildings, and
any property held for the purposes of any statutory function.
(7) In this regulation and regulations 4 and 5, the word “charter” means any charter or other grant under Her Majesty’s prerogative.