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3.—(1) Except where paragraph (2) applies, a person who wishes to transfer his transferable rights to the Communities’ scheme must make an application to the Secretary of State.
(2) The transferor shall be treated as having made an application under paragraph (1) where the Secretary of State receives a copy of the transferor’s application to become a member of the Communities’ scheme.
(3) An application under paragraph (1) shall be in such form as the Secretary of State may from time to time approve.
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