(1)The appropriate Minister may by order make a scheme—
(a)for the transfer to the Minister or the Service of any property belonging to the old employer,
(b)for the transfer to the Minister or the Service of any liabilities to which the old employer is subject,
(c)for the transfer of property or liabilities to a new employer after an initial transfer to the Minister under paragraph (a) or (b),
(d)for the Service to have any rights or interests which the Minister considers appropriate in relation to any property transferred to the Minister under the scheme.
(2)Stamp duty is not chargeable in respect of any transfer or grant to the Service effected by virtue of this section.
(3)No instrument made or executed under or in pursuance of the scheme for the purposes of such a transfer or grant is to be treated as duly stamped unless—
(a)it is stamped with the duty to which it would, but for this section, be liable, or
(b)it has, in accordance with the provisions of section 12 of the [1891 c. 39.] Stamp Act 1891, been stamped with a particular stamp denoting that it is not chargeable with any duty or that it has been duly stamped.
(4)Schedule 3 (contents of schemes) applies in relation to a scheme under this section.