SCHEDULES

SCHEDULE 10Transfer schemes

Transfer schemes

1

1

The Secretary of State may make one or more property transfer schemes or staff transfer schemes in connection with—

a

the establishment of the OfS or UKRI by this Act, or

b

any of the following ceasing to exist by virtue of this Act—

i

the Higher Education Funding Council for England,

ii

the office of Director of Fair Access to Higher Education, or

iii

a research council listed in section 109(1).

2

In this Schedule, a “permitted transferor” means the Secretary of State or a body or office listed in sub-paragraph (1)(b).

3

A “property transfer scheme” is a scheme for the transfer from a permitted transferor of any property, rights or liabilities, other than rights or liabilities under or in connection with a contract of employment, to a permitted transferee.

4

A “staff transfer scheme” is a scheme for the transfer from a permitted transferor of any rights or liabilities under or in connection with a contract of employment to a permitted transferee.

5

In this Schedule, a “permitted transferee” means—

a

the OfS,

b

UKRI,

c

the Secretary of State, or

d

such other person as may be specified by the Secretary of State in the scheme.