Part 3: Research Supplementary Section 109: Predecessor bodies and preservation of symbolic property
This section revokes the Royal Charters of all current research councils established under the Science and Technology Act 1965 and the Higher Education Act 2004. This includes the seven research councils and Innovate UK. Innovate UK is a research council with the legal name "Technology Strategy Board". These eight bodies corporate cease to exist.
	The section preserves the symbolic property of the research councils by providing that it must be transferred to UKRI as part of any property transfer scheme under Schedule 10. Symbolic property refers to the name, goodwill in the name, logo, insignia and seal of a council.
	This section forms part of the law of the United Kingdom.