SCHEDULE 3Transfer schemes
Modification of a scheme by agreement
8
(1)
Where the transferor and transferee under a scheme that has come into force so agree, the scheme is to be treated for all purposes as having come into force with such modifications as may be agreed.
(2)
An agreement under this paragraph which relates to rights and liabilities under a contract of employment may be entered into only if the employee is a party to the agreement.
(3)
An agreement under this paragraph that adversely affects the property or rights of a person other than the transferor, the transferee or such an employee may be entered into only if that person is a party to the agreement.
(4)
An agreement under this paragraph may include—
(a)
any provision that could have been contained in the scheme;
(b)
incidental, supplemental, consequential and transitional provision in connection with any such provision.