52 Transfer of property, rights and liabilities
Tax Credits Act 2002 (2002 c 21) | Legislation

52  Transfer of property, rights and liabilities

(1)     This subsection transfers to and vests in the Treasury the property, rights and liabilities to which the Secretary of State or the Northern Ireland Department is entitled or subject in connection with functions transferred to the Treasury by section 49 immediately before they are transferred.

(2)     This subsection transfers to and vests in the Board the property, rights and liabilities to which the Secretary of State or the Northern Ireland Department is entitled or subject in connection with functions transferred to the Board by section

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