10(1)The Secretary of State may amend a transfer scheme if the Secretary of State considers that the amendment is appropriate—
(a)in preparation for or in connection with the designation of a person under section 162(1),
(b)for the purpose of enabling the ISOP to carry out any of its functions, or
(c)for the purpose of enabling a transferor to carry out any of its functions.
(2)The power under sub-paragraph (1) is not exercisable in relation to a transfer scheme after the end of the period of 12 months beginning with the day on which the scheme takes effect.
(3)Paragraphs 2 to 7 apply in relation to the amendment of a transfer scheme as they apply in relation to a transfer scheme.
(4)A transfer scheme may provide for a transferor or transferee under the scheme to be entitled to compensation in consequence of the amendment of the scheme.
(5)Paragraph 8(2) to (5) applies (with any necessary modifications) in relation to an entitlement to compensation under sub-paragraph (4) as it applies in relation to an entitlement to compensation under paragraph 8(1).
Commencement Information
I1Sch. 9 para. 10 in force at Royal Assent, see s. 334(2)(h)(ii)