SCHEDULES
SCHEDULE 10TRANSFERS UNDER ARTICLE 69
Proof of title by certificate
7
1
Where 2 or more transfers are effected under a transfer scheme, a certificate issued by either or any of the transferees ( “transferee A”) with the concurrence of the other or others of them that—
a
any asset specified in the certificate;
b
any such interest in or right over any such asset as may be so specified; or
c
any liability so specified,
is by virtue of this Order for the time being vested in transferee A shall be conclusive evidence for all purposes of that fact.
2
If, on the expiration of one month from a request from either or any of the transferees ( “transferee A”) for the other or one of the others of them ( “transferee B”) to concur in the issue of such a certificate, transferee B has failed so to concur—
a
transferee A may refer the matter to the Department; and
b
the Department may direct transferee B to concur in the issue of a certificate prepared in such terms as are specified in the direction.