Section 26

Commencement Date

Sch. 4, para. 1 came into force on 1 January 2012 and Sch. 4, para. 2 and 3 came into force on 1 April 2011, by virtue of SI 2011/2576.


TRANSFER OF PROPERTY ETC

1(1)  Before the appointed day the Comptroller and Auditor General must–

(a)determine the property, rights and liabilities of the Comptroller and Auditor General that are to be transferred to NAO in consequence of the provision made by this Part, and

(b)prepare a scheme describing, in the way the Comptroller and Auditor General considers appropriate, that property and those rights and liabilities.

1(2)  The scheme must be approved by the Public Accounts Commission.

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