PART 1Strategic highways companies

Transfers of property etc

I115Transfer schemes

1

The Secretary of State may make one or more schemes for the transfer of property, rights and liabilities—

a

from the Secretary of State to one or more of the following—

i

a strategic highways company, or

ii

a proposed strategic highways company;

b

from a strategic highways company or a former strategic highways company to one or more of the following—

i

the Secretary of State,

ii

a strategic highways company, or

iii

a proposed strategic highways company.

2

In making a transfer scheme the Secretary of State must have regard to—

a

the functions, or the proposed functions, of the transferee under any enactment, and

b

the terms of appointment, or proposed terms of appointment, of a strategic highways company, or a proposed strategic highways company, to which the scheme relates.

3

Schedule 3 (which contains more provision about transfer schemes) has effect.

4

In this section and Schedule 3—

  • “proposed strategic highways company” means a company which the Secretary of State proposes to appoint as a strategic highways company;

  • “former strategic highways company” means a company in respect of which such an appointment has terminated.