PART 4Government Pipe-line and Storage System
I1129Power to dissolve the Oil and Pipelines Agency by order
1
The Secretary of State may provide by order for—
a
the repeal of the Oil and Pipelines Act 1985;
b
the dissolution of the Oil and Pipelines Agency.
2
If the Oil and Pipelines Agency is dissolved under subsection (1), the Secretary of State may make one or more schemes for the transfer to the Secretary of State of property, rights and liabilities (a “transfer scheme”).
3
Schedule 13 makes further provision about any transfer scheme under subsection (2).
4
An order under this section may—
a
include incidental, supplementary and consequential provision;
b
make transitory or transitional provision or savings;
c
make different provision for different cases or circumstances or for different purposes;
d
make provision subject to exceptions.
5
An order under this section is to be made by statutory instrument which is subject to annulment in pursuance of a resolution of either House of Parliament.