14(1)Where the transferor, and the transferee or transferees, under a transfer scheme so agree, the scheme is to be treated for all purposes as having been made with such modifications as may be agreed.
(2)Sub-paragraph (1) does not apply in the case of an agreement relating to rights and liabilities under a contract of employment unless the employee is a party to the agreement.
(3)Sub-paragraph (1) does not apply in the case of an agreement that adversely affects the property or rights of a person other than the transferor or a transferee unless that person is a party to the agreement.
(4)An agreement under sub-paragraph (1) may make—
(a)any provision that could have been contained in the scheme, and
(b)consequential, supplementary, incidental or transitional provision in connection with giving effect to any such provision.
(5)Provision under sub-paragraph (4) may be made so as to have effect from when the scheme was made (or any later time).