In this Schedule—

• “transfer scheme” means a transfer scheme under section 8,

• “transferee”—

  1. a

     in relation to a transfer scheme, means a person to whom property, rights or liabilities are transferred in accordance with the scheme, and

  2. b

     in relation to particular property, rights or liabilities transferred or created in accordance with a transfer scheme, means the person to whom that property or those rights or liabilities are transferred or in whose favour, or in relation to whom, they are created,

• “transferor”—

  1. a

     in relation to a transfer scheme, means a person from whom property, rights or liabilities are transferred in accordance with the scheme, and

  2. b

     in relation to particular property, rights or liabilities transferred or created in accordance with a transfer scheme, means the person from whom that property or those rights or liabilities are transferred or the person who or whose property is subject to the interest or right created by the scheme or for whose benefit the liability is created, and

• “third party”, in relation to a transfer scheme, means any person other than a transferor or transferee.