Transport Act 2000

Interpretation U.K.

23 U.K. In this Part of this Schedule—

• “relevant transfer” means a transfer of property, rights or liabilities by virtue of a scheme under paragraph 1 of Schedule 21 under which the property, rights or liabilities are transferred to a franchise company,

• “transferee”, in relation to a relevant transfer, means the franchise company to whom the property, rights or liabilities are transferred, and

• “transferor”, in relation to a relevant transfer, means the person from whom the property, rights or liabilities are transferred.