Prospective
Transfer of property, rights and liabilitiesU.K.
1(1)On the transfer date, the designated property, rights and liabilities that are to be transferred from the transferor to the transferee are transferred and vest in accordance with the transfer scheme.U.K.
(2)The rights and liabilities that may be transferred by a transfer scheme include those arising under or in connection with a contract of employment.
(3)A certificate by the Secretary of State that anything specified in the certificate has vested in a person by virtue of a transfer scheme is conclusive evidence of that fact for all purposes.