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.
F1Words in art. 26 substituted (8.5.2016) by The Departments (Transfer of Functions) Order (Northern Ireland) 2016 (S.R. 2016/76), art. 1(3), Sch. 6 para. 7 (with art. 9(2))