SCHEDULES

SCHEDULE 2Transfer Schemes

Content of transfer scheme

I15

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.