This document establishes the legal framework for the transfer of property and the formal dissolution of the Corby Development Corporation. The text is a statutory instrument issued by the British government, detailing the administrative transition of assets and liabilities from a state-run development body to local or central authorities. It serves as a primary legal record of the conclusion of the New Towns program's specific mandate in Corby.

This document is a technical legal instrument intended for use by legal professionals, historians, and researchers studying British urban policy. Experts categorize this as a foundational primary source for understanding the administrative mechanics of the New Towns Act in the late twentieth century.