art 4 Transfer of property and liabilities
(1) Any property or land held by Velindre NHS Trust immediately before the transfer date which is identified in the Schedule is to transfer, on the transfer date, to HEIW. (2) With effect from the transfer date the contents in or on the property or land identified in the Schedule and all other property, rights and liabilities and records relating thereto to which Velindre NHS Trust is entitled or subject, will be transferred to HEIW. (3) All liabilities of Velindre NHS Trust relating to the property which is identified in the Schedule are to transfer, on the transfer date, to HEIW. (4) Any right relating to land or property which is identified in the Schedule that was enforceable by or against Velindre NHS Trust before the transfer date is, on or after that date, to be enforceable by or against HEIW. (5) Any property, interests, rights or liabilities of Velindre NHS Trust other than those listed in the Schedule which are used or held by Velindre NHS Trust solely or mainly— (a) for the performance of functions of WEDS; or (b) in connection with the performance of the functions of WEDS; will transfer to HEIW on the transfer date.