Commentary on Sections Section 2
13.Section 2(1) provides for the transfer of the property, rights, interests and liabilities of the Fund to the new charitable trust.
14.Section 2(2) provides that the property to be transferred is net of the monies paid from the Fund under section 1(1). This section comes into force immediately after the end of the period during which payments authorised by section 1(1) are to be made.