
1 

(1) These Regulations may be cited as the Milk Marketing Board (Residuary Functions) (Amendment) Regulations 2001, shall apply in England and Wales, and shall come into force on 30th November 2001.
(2) In these Regulations—
 “the principal Regulations” means the Milk Marketing Board (Residuary Functions) Regulations 1994;
 “the relevant period” means such period, being a period of not less than one year, as the Secretary of State shall determine after consulting the relevant persons or organisations;
 “the relevant persons or organisations” means any such persons or organisations as appear to the Secretary of State to represent the interests of relevant producers;
 “relevant producers” means any persons who on the date of the final distributions under regulation 28(2) of the principal Regulations were registered eligible producers;
 “the Secretary of State” means the Secretary of State for Environment, Food and Rural Affairs; and
 “transferred assets” means any assets transferred to the Secretary of State by virtue of regulation 28A of the principal Regulations.
2 
The principal Regulations shall be amended in accordance with regulations 3 and 4 of these Regulations.
3 
In regulation 28—
(a) after paragraph (1) there shall be inserted the following paragraph—“
(1A) Any liability to pay a sum which, following a distribution of that sum, for the time being remains unclaimed shall be disregarded for the purposes of paragraph (1)(b) above, and the Minister may by notice to the Board specify any asset or class of assets or any additional liability or class of liabilities, including any assets arising or liability incurred after the giving of the notice, which shall likewise be disregarded for those purposes, or for the purposes of determining whether any assets are “surplus assets of the Board remaining on the final liquidation” for the purposes of regulation 27(3).”;
(b) after paragraph (3) there shall be inserted the following paragraph—“
(3A) Where, at the time that the account is made up under paragraph (3) above, any amounts distributed by way of final distribution in accordance with regulation 27(3) and paragraph (2) above remain unclaimed, the account made up under paragraph (3) above shall show the total such amount unclaimed.”.
4 
After regulation 28 there shall be inserted the following regulation—“
28A 
Where an order under section 14(5) of the Act has been made in relation to the Board, the property, rights and liabilities of the Board shall, by virtue of this regulation and with effect from the day after the date on which such order is made, be transferred to the Secretary of State for Environment, Food and Rural Affairs.”.
5 
The Secretary of State shall for the relevant period—
(a) hold any transferred assets, being any sums distributed under an interim distribution, or under the final distributions made under regulation 28(2) of the principal Regulations, and remaining unclaimed, for the purpose of paying such sums to the persons entitled to claim them under the terms of the distribution in question; and
(b) hold any other transferred assets for the purpose of discharging any liability of the Board which was transferred to her by virtue of regulation 28A of the principal Regulations.
6 
Subject to regulation 8, upon the expiry of the relevant period, the Secretary of State shall hold any transferred assets for the purpose of disposing of them in such manner as she may determine, provided that the disposal is for one of the purposes specified in regulation 7, or in part for one of those purposes and in part for the other.
7 
The purposes referred to in regulation 6 are—
(a) making such distribution of the transferred assets to relevant producers as would have been required of the Board had the assets fallen to be distributed on the final distributions under regulation 28(2) of the principal Regulations; and
(b) transferring them to such body corporate or other organisation as the Secretary of State may determine, being a body corporate or organisation appearing to her to be established for purposes—
(i) connected with milk production in England and Wales; or
(ii) beneficial to relevant producers or to persons engaged in the production of milk in England and Wales.
8 
Before making any determination under regulation 6 or 7(b), the Secretary of State shall consult the relevant persons or organisations.
Whitty
Parliamentary Under-Secretary of State,
Department for Environment, Food and Rural Affairs
28th October 2001Signed on behalf of the National Assembly for Wales,
J. E. Randerson
Assembly Secretary
25 October 2001