Major Events Act 2009

Dissolution regulations On and from the date specified in a regulation made under section 12 (1) (a) dissolving a major event authority—

the major event authority is dissolved, and

the chief executive of the major event authority ceases to hold office, and

in the case of a board governed authority, the members of the board (other than the chief executive) cease to hold office, but are not entitled to be paid any compensation by reason of ceasing to hold office, and

the assets, rights and liabilities of the major event authority are transferred to—

the Crown, or

if another person or body is prescribed by the regulations for the purpose of this clause—that person or body, and

Part 2 applies to that transfer.

Amalgamation regulations On and from the date specified in a regulation made under section 12 (1) (d) for the amalgamation of 2 or more major event authorities—

each major event authority amalgamated by the regulation is dissolved, and

the chief executive of each major event authority amalgamated by the regulation ceases to hold office, and

the members of any board governed authority involved in the amalgamation (other than any chief executive) cease to hold office, and—

if the amalgamated major event authority is a board governed authority, are eligible (if otherwise qualified) to be appointed as members of the board of the amalgamated major event authority, and

are not entitled to be paid any compensation by reason of ceasing to hold office, and

the assets, rights and liabilities of each amalgamating major event authority are transferred to the amalgamated major event authority, and

Part 2 applies to that transfer.

Name change regulations On and from the date specified in a regulation made under section 12 (1) (b) changing the name of a major event authority, Part 3 applies to that change of name.

Change of governance regulations On and from the date specified in a regulation made under section 12 (1) (c) (i) changing the nature of governance of a major event authority from board governance to chief executive governance, the members of the board of the major event authority (other than the chief executive) cease to hold office, but are not entitled to be paid any compensation by reason of ceasing to hold office.

Effect on compensation rights Nothing in this Schedule affects any compensation rights to which the chief executive of a dissolved or amalgamating major event authority may be entitled under the Government Sector Employment Act 2013 as a consequence of ceasing to hold office as such.