SCHEDULES

SCHEDULE 2E+W+STransfer schemes

Modification of scheme by agreementE+W+S

8(1)Where the transferor and transferee under a scheme that has come into force so agree, the scheme shall be treated for all purposes as having come into force with such modifications as may be agreed.E+W+S

(2)An agreement under this paragraph which relates to rights and liabilities under a contract of employment may be entered into only if the employee is a party to the agreement.

(3)An agreement under this paragraph that adversely affects the property or rights of a person other than the transferor, the transferee or such an employee may be entered into only if that person is a party to the agreement.

(4)The provision that may be included in an agreement under this paragraph includes—

(a)any provision that could have been contained in the scheme; and

(b)incidental, supplemental, consequential and transitional provision in connection with any such provision.

Commencement Information

I1Sch. 2 para. 8 in force at 8.6.2005 for specified purposes by S.I. 2005/1444, art. 2(1), Sch. 1

I2Sch. 2 para. 8 in force at 24.7.2005 in so far as not already in force by S.I. 2005/1909, art. 2, Sch.