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SCHEDULES

SCHEDULE 12Transfer schemes

Part 1Transfers from Cross London Rail Links Limited and its subsidiaries

1(1)The Secretary of State may make schemes for the transfer of property, rights and liabilities—

(a)from Cross London Rail Links Limited (“CLRL”), or

(b)from a body corporate which is a wholly-owned subsidiary of CLRL,

to any person, including the Secretary of State.

(2)The Secretary of State shall consult CLRL before making a scheme under sub-paragraph (1).