Schedules

Schedule 4Transfer schemes

I19Modification of scheme

1

The Secretary of State may modify a scheme.

2

A modification may be made only for the purpose of achieving the objective with which the scheme was made (see section 50(2)).

3

If a transfer under the scheme has taken effect, a modification under sub-paragraph (1) may be made only with the agreement of—

a

the transferor or transferee affected by the modification (or, where both the transferor and transferee are affected, with the agreement of both of them);

b

any employee who is a party to a contract of employment containing rights and liabilities to which the modification relates;

c

any other person whose property or rights have been adversely affected by the modification.

4

A modification takes effect from such date as the Secretary of State may specify (which may be the date when the original scheme came into effect).