Amendment of paragraph 24

In paragraph 2 (making and modification of transfer schemes), after sub-paragraph (7) insert—

7ZA

In a case where—

a

another scheme under this Schedule provides for the transfer of the property, rights and liabilities of the existing appointee, and

b

that other scheme makes provision for a transfer that is effected as described in paragraph 2A (hive down),

the duty in sub-paragraph (7) also applies to the new owner in relation to that other scheme.