This section has no associated Explanatory Notes
2(1)Sub-paragraph (2) applies where immediately before the transfer date—U.K.
(a)the trustees were entitled to a royalty by virtue of paragraph 2 of Schedule 6 to the 1988 Act, but
(b)the royalty or another form of remuneration agreed by the trustees (or part of it) has not been paid to the trustees.
(2)The royalty or other form of remuneration (or part of it) is payable to GOSH Children's Charity on and after the transfer date and is to be held by it for the purposes of the Hospital.