xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULES

SCHEDULE 5Transfer schemes: further provision

Contents of transfer scheme

3A transfer scheme may contain provision—

(a)for the creation, in relation to property which the scheme transfers, of an interest in or right over the property in favour of the transferor,

(b)for the creation in favour of the Service of an interest in or right over property retained by the transferor,

(c)for the creation of any rights or liabilities as between the transferor and the Service,

(d)for any rights or liabilities specified or described in the scheme to be, or to be to any extent, enforceable by or against the transferor or the Service, or

(e)for imposing on the transferor and the Service an obligation to enter into written agreements with, or execute other instruments in favour of, each other.