SCHEDULES
SCHEDULE 3Horserace Betting Levy Board: Transfer of Property
Content of transfer scheme
6
In specifying property, rights or liabilities to be transferred a transfer scheme—
(a)
may use any manner of description (which may include reference to criteria specified in the scheme or to be determined in accordance with the scheme),
(b)
may provide for exceptions, and
(c)
may provide for the division of property, rights or liabilities in a manner specified in the scheme or to be determined in accordance with the scheme.