(1)If a National Health Service trust, a Health Authority or a Special Health Authority ceases to exist, the Secretary of State must exercise his statutory powers to transfer property, rights and liabilities of the body so as to secure that all of its liabilities are dealt with.
(2)For the purposes of subsection (1), a liability is dealt with by being transferred to—
(a)the Secretary of State;
(b)a National Health Service trust;
(c)a Health Authority; or
(d)a Special Health Authority.