Schedules

Schedule 4Transfer schemes

I11Application and commencement of scheme

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.