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SCHEDULES

SCHEDULE 15E+W+S Transfer of relevant activities in connection with PPP administration orders

Modifications etc. (not altering text)

Transfer of licencesE+W+S

4(1)A scheme under this Schedule may provide for a licence held by the existing appointee to have effect as if it had been granted to the new appointee.E+W+S

(2)Different schemes under this Schedule may provide for a licence held by the same existing appointee to have effect as if it had been granted as a separate licence to each of the new appointees under those schemes.

(3)In this paragraph “licence” means a licence under section 8 of the M1Railways Act 1993.

Commencement Information

I1Sch. 15 para. 4 in force at 15.7.2003 by S.I. 2003/1920, art. 2(b)

Marginal Citations