This section has no associated Explanatory Notes
5U.K.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 and liabilities in a manner specified in the scheme or to be determined in accordance with the scheme.
Commencement Information
I1Sch. 2 para. 5 in force at 30.5.2006 by S.I. 2006/1118, art. 2(2)