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Changes over time for: Paragraph 6


Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 31/12/2020.
Changes to legislation:
There are currently no known outstanding effects for the Postal Services Act 2011, Paragraph 6.

Changes to Legislation
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This section has no associated Explanatory Notes
6(1)A postal transfer scheme may transfer—U.K.
(a)property situated in any part of the world, and
(b)rights and liabilities arising (in any way) under the law of any country or territory.
(2)The property, rights and liabilities that may be transferred by a postal transfer scheme include—
(a)property, rights and liabilities acquired or arising after the scheme has been made but before the time at which it takes effect,
(b)rights and liabilities arising after that time in respect of matters occurring before that time, and
(c)property, rights and liabilities that would not otherwise be capable of being transferred or assigned.
(3)The transfers to which effect may be given by a postal transfer scheme include ones that are to take effect as if there were no such contravention, liability or interference with any interest or right as there would otherwise be by reason of any provision having effect in relation to the terms on which the old company is entitled or subject to anything to which the transfer relates.
(4)In sub-paragraph (3) the reference to any provision is a reference to any provision, whether under an enactment or agreement or otherwise.
(5)Sub-paragraph (3) has effect where shares in a subsidiary of the old company are transferred as if the reference to the terms on which that company is entitled or subject to anything to which the transfer relates included a reference to the terms on which the subsidiary is entitled or subject to anything immediately before the transfer takes effect.
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