F1 SCHEDULES

F2SCHEDULE 2AProperty Schemes

Annotations:
Amendments (Textual)
F2

Sch. 2A inserted (20.5.2009) by Energy Act 2008 (c. 32), ss. 44(4), 110(2), Sch. 2; S.I. 2009/1270, art. 2

Effect of property scheme

20

A property scheme, by virtue of this paragraph, has effect according to its terms.

21

1

A transaction of any description effected by or under a property scheme has effect subject to the provisions of any enactment which provides for transactions of that description to be registered in any statutory register.

2

Subject to that, a transaction of any description effected by or under a property scheme is binding on all persons, despite the fact that it would, apart from this provision, have required the consent or concurrence of any person.

3

In this paragraph “enactment” includes an enactment comprised in, or in an instrument made under, an Act of the Scottish Parliament.

22

Where—

a

an amount of compensation is owed to a person in accordance with a property scheme, or

b

an amount in respect of costs is owed to a person in accordance with such a scheme or with a direction under paragraph 11(6) or 19(3),

the amount may be recovered by that person.