SCHEDULES
SCHEDULE 6 Transfer schemes
Identification
I14
1
Paragraphs 5 to 7 apply if—
a
provision is made by a transfer scheme for the transfer to a transferee of a specified part of a transferor’s undertaking, or
b
provision is made by a transfer scheme (or transfer schemes) for the transfer to different transferees of different specified parts of a transferor’s undertaking.
2
It is immaterial whether or not the second condition set out in paragraph 1 is satisfied.
3
In paragraphs 5 to 7 references to the parties are to—
a
the transferee or transferees concerned, and
b
the transferor (if he retains part of the undertaking).
4
Paragraphs 5 to 7 do not apply to rights or liabilities under a contract of employment.