SCHEDULES

SCHEDULE 6 Transfer schemes

Third parties

I123

1

This paragraph applies if a person falling within sub-paragraph (3) (the claimant) claims that—

a

he has been prejudiced by paragraph 21,

b

another person or other persons falling within sub-paragraph (3) ought to indemnify him, and

c

there has been an unreasonable failure by the person (or any of the persons) to indemnify him.

2

The claimant may refer the matter to the Secretary of State for determination by him; and a determination must be complied with.

3

A person falls within this sub-paragraph if he is a transferor or a transferee under the scheme or schemes concerned.