SCHEDULES

SCHEDULE 3Transfer schemes

Supplementary provisions of schemes

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1

A scheme may—

a

make such incidental, supplemental, consequential and transitional provision in connection with the scheme as the Secretary of State thinks fit;

b

make different provision for different cases.

2

In particular, a scheme may make provision—

a

for the transferee to be treated as the same person in law as the transferor;

b

for agreements made, transactions effected or other things done by or in relation to the transferor to be treated, so far as may be necessary for the purposes of or in connection with the transfer, as made, effected or done by or in relation to the transferee;

c

for references in an agreement, instrument or other document to the transferor, or to an employee or office holder of the transferor, to have effect, so far as may be necessary for the purposes of or in connection with a transfer, with such modifications as are specified in the scheme;

d

for proceedings commenced by or against the transferor to be continued by or against the transferee.

3

Sub-paragraph (2)(c) does not apply to references in an enactment.