Schedules

Schedule 4U.K.Transfer schemes

Application and commencement of schemeU.K.

1(1)A scheme may set out the property, rights and liabilities to be transferred in one or more of the following ways—

(a)by specifying or describing them in particular;

(b)by identifying them generally by reference to, or to a specified part of, an undertaking from which they are to be transferred; or

(c)by specifying the manner in which they are to be determined.

(2)A scheme comes into force on the date appointed by the scheme.