Section 21: Dissolution of the Association and transfer of certain property, etc

(1) The Association of Public Relations is hereby dissolved and all the property held by or on behalf of the Association shall, by virtue of this section and without further assurance, vest in the Institute and be held by it for the purposes of the Institute.
(2) The provisions of Schedule 3 to this Act shall have effect with respect to matters arising from the transfer by this section to the Institute of the property of the Association and with respect to the other matters mentioned in that Schedule.