Effect of transfersU.K.
5(1)On the day appointed by a transfer scheme the property, rights and liabilities which are the subject of the scheme are transferred to [F1Citizens Advice] in accordance with the provisions of the scheme.U.K.
(2)Sub-paragraph (1) has effect in relation to property, rights or liabilities to which it applies in spite of any provision (of whatever nature) which would prevent or restrict the transfer of the property, rights or liabilities otherwise than by virtue of that sub-paragraph.
Textual Amendments
F1Words in Sch. 4 substituted (1.4.2014) by The Public Bodies (Abolition of the National Consumer Council and Transfer of the Office of Fair Trading's Functions in relation to Estate Agents etc) Order 2014 (S.I. 2014/631), art. 1(3), Sch. 1 para. 12(49) (with Sch. 1 para. 28, Sch. 2 paras. 13-15)
Commencement Information
I1Sch. 4 para. 5 in force at 21.12.2007 by S.I. 2007/3546, art. 3, Sch.
6(1)So far as is appropriate in consequence of the transfer, anything done by the transferor for the purposes of or in connection with anything transferred which is in effect immediately before it is transferred is to be treated as if done by [F1Citizens Advice].U.K.
(2)A transfer does not affect the validity of anything done by or in relation to the transferor before the transfer takes effect.
(3)There may be continued by or in relation to [F1Citizens Advice] anything (including legal proceedings) relating to anything transferred which is in the process of being done by or in relation to the transferor immediately before it is transferred.
(4)So far as is appropriate in consequence of the transfer, [F1Citizens Advice] is substituted for the transferor in any agreement, instrument or other document relating to anything transferred.
Textual Amendments
F1Words in Sch. 4 substituted (1.4.2014) by The Public Bodies (Abolition of the National Consumer Council and Transfer of the Office of Fair Trading's Functions in relation to Estate Agents etc) Order 2014 (S.I. 2014/631), art. 1(3), Sch. 1 para. 12(49) (with Sch. 1 para. 28, Sch. 2 paras. 13-15)
Commencement Information
I2Sch. 4 para. 6 in force at 21.12.2007 by S.I. 2007/3546, art. 3, Sch.