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(1) This Order may be cited as the Industrial Training (Hairdressing and Allied Services Board) (Revocation) Order 1972.
(2) Article 3 of this Order shall come into operation on 1st October 1972.
(3) The provisions of this Order, other than Article 3, shall come into operation on 1st August 1972.
(4) In this Order—
(a) “the Act” means the Industrial Training Act 1964 and references in this Order to sections are references to sections in the Act;
(b) “the Board” means the Hairdressing and Allied Services Industry Training Board;
(c) “the activities of the Hairdressing and Allied Services Industry” means the activities specified as such in Schedule 1 to the Industrial Training Order;
(d) “the Industrial Training Order” means the Industrial Training (Hairdressing and Allied Services Board) Order 1969 ;
(e) “the remaining assets” means any amount by which the assets of the Board immediately before 1st October 1972 may exceed the amount which has been required to meet the liabilities of the Board and the expenses of the winding up.
(5) The Interpretation Act 1889 shall apply to the interpretation of this Order as it applies to the interpretation of an Act of Parliament and as if this Order and the Industrial Training Order were Acts of Parliament.
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(1) The Board shall be wound up in accordance with the provisions of this Article.
(2) On the coming into operation of this Article the Board shall cease to exercise its functions except in so far as continued exercise of those functions may be necessary or expedient for the purpose of the winding up.
(3) Between the coming into operation of this Article and the 1st October 1972 the Board shall discharge its liabilities.
(4) Immediately before 1st October 1972 the Board shall transfer to the Secretary of State in such manner as he may direct the remaining assets of the Board and those assets shall be applied by the Secretary of State for the purpose specified in paragraph (5) of this Article.
(5) The specified purpose shall be the repayment (as the case may allow in whole or in part) of any grants made to the Board out of monies provided by Parliament under section 5(1).
(6) The accounts of the Board up to 1st October 1972 shall be prepared and audited in accordance with section 8 and those accounts and the final report of the Board shall be laid before Parliament in accordance with that section.
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The Industrial Training Order is hereby revoked.
Signed by order of the Secretary of State.
Dudley Smith
Parliamentary Under Secretary of State
Department of Employment
14th June 1972