SCHEDULES
SCHEDULE 5 General Transitional Provisions and Savings
Part II Provisions and Savings Coming into Force on Transfer Date
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F1Where immediately before the transfer date there is in force an agreement which—
a
confers or imposes on British Telecommunications any rights or liabilities which vest in the successor company by virtue of section 60 of this Act; and
b
refers (in whatever terms and whether expressly or by implication) to a member or officer of British Telecommunications,
the agreement shall have effect, in relation to anything falling to be done on or after that date, as if for that reference there were substituted a reference to such person as that company may appoint or, in default of appointment, to the officer of that company who corresponds as nearly as may be to the member or officer of British Telecommunications in question.