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96.(1) Subject to paragraph (2) and Articles 94 and 97, there shall, on such day as may be specified in an order under paragraph (2), be transferred to the Ministry all assets and liabilities to which a local authority was entitled or subject immediately before that day, being assets or liabilities wholly or mainly acquired, held or incurred for the purposes of its functions as a local education authority or library authority. (2) The Ministry may by order (a)specify the date on which assets or liabilities are to be transferred to it under paragraph (1); (b)provide for the manner in which it shall be determined for the purposes of paragraph (1) whether an asset or a liability had been wholly or mainly acquired, held or incurred as specified in paragraph (1); (c)provide that such of the rights or liabilities of a local authority as are specified in the order shall, notwithstanding their transfer to the Ministry, be enforceable by or against such board as may be so specified and not by or against the Ministry; and (d)make such other provision as appears to the Ministry to be necessary for the purposes of this Article. (3) The Ministry may, where it thinks fit, transfer to a board any assets or liabilities transferred to it under paragraph (1). (4) The transfer to the Ministry by virtue of paragraph (1), of an endowment or other charitable gift shall be effective notwithstanding any provision to the contrary in any instrument making the endowment or gift but the Ministry shall, so far as practicable, ensure that the benefits accruing from any such endowment or gift are applied for the purposes for which the endowment or gift was made. (5) The [Statutory Rules (Northern Ireland) Order 1979] shall not apply to an order made under this Article. Art.97 rep. by SLR 1980
© 1972 Crown Copyright
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