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PART IIIWINDING UP

Winding up

10.—(1) In relation to the year beginning 1st April 1989, paragraph 10(1) of Schedule 13 to the 1985 Act shall have effect as if it referred to a report for a period between that date and 31st July 1989.

(2) On 31st July 1989 the Residuary Body shall be wound up and on that date–

(a)any functions, rights and liabilities in relation to any contract of employment with the Residuary Body shall become functions, rights and liabilities of the Pensions Authority; and

(b)any remaining functions, property, rights and liabilities shall vest in Rotherham and be held by that council for the benefit of all the local councils or discharged by that council on their behalf, as the case may be.

Accounts

11.  Any function under–

(a)section 78 or 79 of the 1985 Act; or

(b)Part III of the Local Government Finance Act 1982(1)

which would, but for this Order, have fallen to be discharged on or after 31st July 1989 by the Residuary Body shall be discharged by Rotherham.