Transport (Scotland) Act 1989
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Change 1
14 Dissolution of the Group.
(1) When it appears to the Secretary of State— (a) that the principal elements of the disposal programme have been implemented; and (b) that the shipping companies have been transferred under section 7 of this Act, the Secretary of State may by order made by statutory instrument provide for the dissolution of the Group. (2) Any such order may provide for the disposal of any remaining property, rights or liabilities of the Group, and may contain such supplementary, incidental and consequential provisions as may appear to the Secretary of State to be necessary or expedient. (3) Without prejudice to the generality of subsection (2) above, any such order may in particular make provision— (a) for the preparation by such person or persons as may be specified in the order of a statement or statements of the Group’s accounts for the period from the end of that dealt with in the last annual statement of accounts sent by the Group to the Secretary of State under section 24(3) of the 1962 Act down to the date of the dissolution of the Group; (b) for the auditing of any such statement of accounts; (c) for the making to the Secretary of State by such person or persons as may be specified in the order of a report or reports on the exercise and performance by the Group of their functions during any period not dealt with in the reports made by the Group under section 27(8) of the 1962 Act; (d) making such amendments or repeals of any provision of the 1962 Act or the 1968 Act or of this Act or any other enactment (including an enactment contained in any local or private Act and any order, regulation or other instrument having effect by virtue of an Act) as appear to the Secretary of State to be required in consequence of the dissolution of the Group. (4) The Secretary of State may . . .— (a) pay to any person upon whom duties are imposed by virtue of subsection (3)(a) to (c) above such remuneration, and such allowances in respect of expenses, as the Secretary of State may . . . determine; and (b) incur expenditure in doing any other thing that falls to be done in preparation for or in connection with the dissolution of the Group. (5) On the dissolution of the Group, any sums received by the Secretary of State in consequence of the dissolution shall be paid into the Consolidated Fund.
14 Dissolution of the Group.
(1) When it appears to the Secretary of State— (a) that the principal elements of the disposal programme have been implemented; and (b) that the shipping companies have been transferred under section 7 of this Act, the Secretary of State may by order made by statutory instrument provide for the dissolution of the Group. (2) Any such order may provide for the disposal of any remaining property, rights or liabilities of the Group, and may contain such supplementary, incidental and consequential provisions as may appear to the Secretary of State to be necessary or expedient. (3) Without prejudice to the generality of subsection (2) above, any such order may in particular make provision— (a) for the preparation by such person or persons as may be specified in the order of a statement or statements of the Group’s accounts for the period from the end of that dealt with in the last annual statement of accounts sent by the Group to the Secretary of State under section 24(3) of the 1962 Act down to the date of the dissolution of the Group; (b) for the auditing of any such statement of accounts; (c) for the making to the Secretary of State by such person or persons as may be specified in the order of a report or reports on the exercise and performance by the Group of their functions during any period not dealt with in the reports made by the Group under section 27(8) of the 1962 Act; (d) making such amendments or repeals of any provision of the 1962 Act or the 1968 Act or of this Act or any other enactment (including an enactment contained in any local or private Act and any order, regulation or other instrument having effect by virtue of an Act) as appear to the Secretary of State to be required in consequence of the dissolution of the Group. (4) The Secretary of State may . . .— (a) pay to any person upon whom duties are imposed by virtue of subsection (3)(a) to (c) above such remuneration, and such allowances in respect of expenses, as the Secretary of State may . . . determine; and (b) incur expenditure in doing any other thing that falls to be done in preparation for or in connection with the dissolution of the Group. (5) On the dissolution of the Group, any sums received by the Secretary of State in consequence of the dissolution shall be paid into the Consolidated Fund.
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