ContinuityU.K.
11(1)Anything which—U.K.
(a)is done by the transferor for the purposes of, or otherwise in connection with, anything transferred by virtue of a scheme, and
(b)is in effect immediately before the transfer date,
is to be treated as done by the transferee.
(2)There may be continued by or in relation to the transferee anything (including legal proceedings)—
(a)which relates to anything transferred by virtue of a scheme, and
(b)which is in the process of being done by or in relation to the transferor immediately before the transfer date.
Commencement Information
I1Sch. 3 para. 11 in force at 12.1.2010 by S.I. 2009/3345, art. 2, Sch. para. 5