SCHEDULES
SCHEDULE 21Transfer schemes by SRA
Interpretation
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In this Schedule—
“franchise company” means any body corporate which is, or is to be, the franchisee or the franchise operator under a franchise agreement,
“transfer scheme” means a scheme under paragraph 1 or 2,
“transferor” means the person from whom property, rights or liabilities are transferred by a transfer scheme, and
“transferee” means the person to whom any such property, rights or liabilities are so transferred.