SCHEDULES

SCHEDULE 15 U.K. Financial assistance: transfers to SRA

Contents of transfer scheme E+W+S

4 E+W+S A transfer scheme may also contain provision—

(a) for the creation, in relation to property which the scheme transfers, of an interest in or right over the property in favour of the Secretary of State,

(b) for the creation in favour of the Authority of an interest in or right over, property retained by the Secretary of State,

(c) for the creation of rights and liabilities as between the Authority and the Secretary of State, or

(d) for any rights or liabilities specified or described in the scheme to be, or to be to any extent, enforceable by or against the Authority.