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SCHEDULES

SCHEDULE 7N.I.TRANSFERS UNDER ARTICLE 54

Variation of transfers under the schemeN.I.

1.—(1) If at any time before the end of the period of 12 months from the transfer date the Department considers it appropriate to do so and either—N.I.

(a)the successor company has consented to the order; or

(b)that company is for the time being wholly owned by the Crown and has been consulted by the Department,

the Department may by order provide that the transfer scheme shall for all purposes be deemed to have been made with such modifications as may be specified in the order.

(2) An order under this paragraph may make, with effect from the date on which the transfer scheme was made, any such provision as could have been made by the scheme.