- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
2(1)Where there subsists immediately before the vesting day an agreement to which the transferor is a party, the agreement shall have effect on and after the vesting day—
(a)as if the transferee had been the party to the agreement; and
(b)as respects anything falling to be done on or after the vesting day, with the modifications set out in sub-paragraph (2) below.
(2)Those modifications are the substitution—
(a)for any reference (whether express or implied and, if express, however worded) to the transferor, of a reference to the transferee, and
(b)for any reference in general terms (however worded) to persons employed by or agents of the transferor, of a reference to persons employed by or agents of the transferee.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: