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PART IIIN.I.REGENERATION OF SITES

Modifications etc. (not altering text)

Regeneration of relevant sites by development corporationsN.I.

Power to dissolve a development corporationN.I.

26.—(1) The [F1responsible department] may by order make provision for, and in connection with, the dissolution of a development corporation.

(2) An order under this Article may –

(a)provide for the transfer of the property, rights and liabilities of the corporation (including rights and liabilities under a contract of employment) to any other public body;

(b)enable any public body to continue and complete anything which has been commenced by the corporation before its dissolution; and

(c)contain such other provisions as appear to the [F1responsible department] to be necessary or expedient for giving full effect to the order.

(3) No order shall be made under this Article unless a draft of the order has been laid before and approved by resolution of the Assembly.