(1)Paragraph 18 of Schedule 13 to the M1Local Government (Wales) Act 1994 (provisions for winding up of Residuary Body for Wales) is amended as follows.
(2)In sub-paragraph (2) (meaning of “the transitional period” within which the Residuary Body must try to complete its work and at the end of which it is to be wound up), for “period of five years beginning with the establishment of the Residuary Body” substitute “ period beginning with the establishment of the Residuary Body and ending with 31st March 1999 ”.
(3)Omit—
(a)in sub-paragraph (3), “Subject to sub-paragraph (4),”, and
(b)sub-paragraph (4),
(under which the Secretary of State may specify a period longer than the transitional period as the period at the end of which the Residuary Body is to be wound up).
(4)For sub-paragraphs (5) to (7) (duty of Residuary Body to submit scheme for its winding up and to make arrangements for transfers etc. and power of Secretary of State to make orders) substitute—
“(5)The Residuary Body shall, before the end of the period of three months beginning with the day on which the Government of Wales Act 1998 is passed, submit to the Secretary of State a scheme for the winding up of the Residuary Body.
(6)The scheme shall include in relation to the Residuary Body’s remaining functions, property, rights and liabilities—
(a)a statement of arrangements made by the Residuary Body for their transfer by the Residuary Body to another body or bodies,
(b)proposals for their transfer by the Secretary of State to another body or bodies, or
(c)such a statement in relation to some of them and such proposals in relation to the rest.
(7)The Secretary of State may by order make provision for giving effect to the scheme (with or without modifications) and for the transfer of functions, property, rights and liabilities of the Residuary Body to another body or bodies (whether or not as proposed in the scheme).”
Marginal Citations