1(1)Before such date or dates as the Secretary of State may direct, the Nature Conservancy Council shall make, and submit to the Secretary of State for his approval, their transfer scheme or schemes under section 135 of this Act (in this Part of this Schedule referred to as a “transfer scheme”).
(2)A transfer scheme shall not take effect unless approved by the Secretary of State, who may modify such a scheme before approving it.
(3)The Secretary of State may make a transfer scheme himself if—
(a)he decides not to approve a scheme which has been submitted to him before the due date (with or without modifications); or
(b)no scheme is submitted to him for approval before the due date;
but nothing in this sub-paragraph shall prevent the Secretary of State from approving any scheme which may be submitted to him after the due date.
(4)A scheme made by the Secretary of State shall be treated for all purposes as having been made by the Council and approved by him.