Ure Elder Fund Transfer and Dissolution Act 2010 (2010 asp 7)

1 Transfer of property etc.

(1) All property, rights, interests and liabilities of the transferor are transferred to and vest in the transferee.

(2) Any legal proceedings, applications to any authority or other proceedings for the resolution of a dispute by or against the transferor which are pending or current immediately before this Act comes into force may be continued by or against the transferee.

2 Dissolution and repeal

(1) The transferor is dissolved.

(2) The Ure Elder Fund Order Confirmation Act 1906 is repealed.

3 Interpretation

In this Act—

“transferee” means the Ure Elder Trust established by Deed of Trust dated 26 August 2009 and subsequently registered in the Books of Council and Session;

“transferor” means the Ure Elder Fund for Indigent Widow Ladies incorporated by Act of Parliament under and by virtue of the Ure Elder Fund Order Confirmation Act 1906.

4 Short title and commencement

(1) This Act may be cited as the Ure Elder Fund Transfer and Dissolution Act 2010.

(2) This Act comes into force two months after it has received Royal Assent.