Marcus Oldham College Act 1995

all liabilities (wherever located) of the trustees or the Council in, or in relation to, the unincorporated College vest in Marcus Oldham College and the rights to which the trustees were, or the Council was, entitled in respect of those liabilities immediately before they ceased to be liabilities of the trustees or the Council (as the case requires) vest in Marcus Oldham College;

the trustees are severally discharged from any joint or several liability in relation to the unincorporated College including any obligation (whether arising under the will that created the trust or otherwise) to apply the land, buildings, funds or other property vested in, held by or belonging to them as trustees for or in connection with the operation of the unincorporated College;

Marcus Oldham College is the successor in law of the Council and of the trustees in relation to the unincorporated College;

any scholarship, prize or bursary of a continuing nature administered by the trustees, the unincorporated College or the Council and existing immediately before that commencement shall be administered by Marcus Oldham College as if it were a scholarship, prize or bursary of Marcus Oldham College, but otherwise in accordance with the terms and conditions to which it was subject immediately before that commencement;

all contracts, deeds, bonds, agreements, arrangements, guarantees and other instruments (except contracts, agreements or arrangements relating to the members of staff of the unincorporated College) made or entered into by, on behalf of, or in relation to the trustees, the unincorporated College or the Council and in force immediately before that commencement have effect as if made or entered into by, on behalf of, or in relation to, Marcus Oldham College;

all actions, claims, arbitrations, applications and other proceedings (including proceedings on appeal or review) pending or existing immediately before that commencement by, against, or in relation to the trustees, the unincorporated College or the Council have effect as if they were proceedings by, against, or in relation to Marcus Oldham College, and may be continued and completed accordingly;

any permit, licence or authority of any kind whatsoever issued or granted to the trustees, the unincorporated College or the Council by or under any Act continues to operate, despite anything in this Act, in favour of Marcus Oldham College in the same way and to the same extent as it operated in favour of the trustees, the unincorporated College or the Council;

all records and documents of the trustees, the unincorporated College or the Council become the property of Marcus Oldham College;

unless the contrary intention appears, a reference to the trustees or to the unincorporated College or to the Council is deemed to be a reference to Marcus Oldham College if the reference-

is in an Act, other than this Act, a subordinate instrument within the meaning of the Interpretation of Legislation Act 1984, a judgment or order or any other document whatever; and

is in relation to a period occurring on or after that commencement.