LegalizeThe Technology Strategy Board (Transfer of Property etc.) Order 2008
Made: 29th May 2008
Coming into force: 7th June 2008
The Secretary of State, in exercise of the power conferred by section 3(6) of the Science and Technology Act 19651, makes the following Order:
Citation and commencement
1
This Order may be cited as the Technology Strategy Board (Transfer of Property etc.) Order 2008 and shall come into force on 7th June 2008.
Transfer of property, rights, liabilities and obligations
2
There are transferred to the Technology Strategy Board all property, rights, liabilities and obligations held, acquired or incurred by the Secretary of State on or before 7th June 2008—
- (a) arising under or in relation to the grants awarded by the Secretary of State2 under section 5(1) of the Science and Technology Act 19653 which are specified in the Schedule; and
- (b) otherwise arising in connection with the award or administration of any of the grants referred to in paragraph (a),
whether imposed by or under any statutory provision, in relation to any civil proceedings, or otherwise.
SCHEDULE — Specified Grants
| Date when Grant Offer made | Project for which Grant awarded | Recipient of Grant |
|---|---|---|
| 24th August 2005 | SeaGen Project-Construction and Operation | Sea Generation Ltd |
| 25th May 2005 | Novel Moored Tidal Stream Generating Equipment | Soil Machine Dynamics Ltd |
| 25th February 2005 | RTT Tidal Stream Technology Development | Lunar Energy Ltd |
Signed
Malcolm Wicks — Minister of State for Energy, — Department for Business, Enterprise and Regulatory Reform — 29th May 2008
Explanatory note
(This note is not part of the Order)
EXPLANATORY NOTE
The Technology Strategy Board (“TSB”) was established as a Research Council on 1st April 2007 under the Science and Technology Act 1965 (c.4) by virtue of the Technology Strategy Board Order 2007 (S.I. 2007/280). This Order makes provision for the transfer to the TSB of all property, rights, liabilities and obligations held, acquired or incurred by the Secretary of State under or in relation to certain grants relating to Energy and Technology Innovation.
A full impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.
Footnotes
1965 c.4; section 3(6) was amended by articles 2(1) and 3 of S.I. 1992/1296 and article 3(1) of, and paragraph 1(1) of the Schedule to, S.I. 1995/2985.
Such grants were originally awarded by the Secretary of State for Trade and Industry but, with effect from 12th December 2007, all property, rights, liabilities and obligations arising under or in relation to these grants were transferred to the Secretary of State for Business, Enterprise and Regulatory Reform by virtue of S.I. 2007/3224, articles 11 and 12(3) and (5).
Section 5(1) was amended by articles 2(2)(a) and 3 of S.I. 1992/1296, article 3(3)(a) of, and paragraph 1(2) of the Schedule to, S.I. 1995/2985 and article 2(1) and (2) of S.I. 1999/2785.
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