New clause 13 — Assets of new town development corporation—
'Where the Secretary of State for Scotland makes an Order under section 36(1) of the New Towns (Scotland) Act 1968 providing for the winding up and dissolution of a New Town Development Corporation—
- (a) The New Town Development Corporation shall transfer to the Local Authority (being a local authority in whose administrative area the New Town or any part thereof is situated) the following assets:
(b) The new town development corporation may transfer to the local authority:
- All housing stock owned in whole or part by the New Town Development Corporation together with any property associated therewith or relating thereto (excluding housing held temporarily on land acquired by the development corporation for commercial or industrial development) together also with all rights, liabilities and obligations relating thereto, as defined in Schedule (new town property to be automatically transferred to local authorities) to this Act.'
- housing depots, office accommodation and nurseries and such other property as is defined in Schedule (new town property to be transferred subject to negotiation) to this Act.