On 1st April 2002 the trust property specified in the schedule of trust property prepared and agreed upon by the old Trust and the West Gloucestershire Primary Care Trust and signed on behalf of the old Trust on 5th December 2001 and on behalf of the West Gloucestershire Primary Care Trust on 22nd February 2002, and any rights and liabilities arising from that property5, shall be transferred from the old Trust to the West Gloucestershire Primary Care Trust.

On 1st April 2002 the trust property specified in the schedule of trust property prepared and agreed upon by the old Trust and the Gloucestershire Hospitals National Health Service Trust and signed on behalf of the old Trust on 5th December 2001 and on behalf of the Gloucestershire Hospitals National Health Service Trust on 20th February 2002, and any rights and liabilities arising from that property6, shall be transferred from the old Trust to the Gloucestershire Hospitals National Health Service Trust.