The Electricity Supply Pension Scheme (Eligible Persons) Regulations 1990

Transfer of property and rights

6.—(1) Subject to the provisions of this regulation and of regulation 7, all property and rights of every type and description vested at the coming into force of these Regulations in any person other than as a nominee or custodian trustee being property or rights available for the purposes of any old scheme are hereby transferred without further assurance to the Trustees.

(2) A certificate, signed by the relevant existing body and by any person in whom any property or right transferred by virtue of this regulation was vested immediately before these Regulations came into force, that the property or right was so transferred, or a copy of such certificate certified by the relevant existing body to be a true copy thereof, shall be sufficient evidence that the property or right was transferred as aforesaid.

(3) In the case of any property or right vested in two or more persons jointly, a certificate for the purposes of paragraph (2) signed by any one of those persons on behalf of them all shall be sufficient.

(4) Every person in whom any property or right transferred as aforesaid was vested immediately before these Regulations came into force shall do all such things as are necessary, or as the Trustees may reasonably require to be done, for the purpose of ensuring—

(a) the due registration of the title of the Trustees to such property;

(b) the delivery to the Trustees of any document constituting evidence of the said registration;

(c) the performance for the benefit of the Trustees of all obligations due in respect of such rights; and

(d) the receipt by the Trustees of all dividends, rent, interest or other sums in respect of such property or right due for payment after these Regulations come into force.