1(1)The property, rights and liabilities which may be the subject of a scheme include—U.K.
(a)any that would otherwise be incapable of being transferred or assigned, and
(b)rights and liabilities under a contract of employment.
(2)A scheme may define the property, rights and liabilities to be transferred by specifying or describing them (including describing them by reference to a specified part of the transferor’s undertaking).
(3)A scheme may include supplementary, incidental, transitional and consequential provision.
Commencement Information
I1Sch. 2 para. 1 in force at 31.1.2005 by S.I. 2005/121, art. 2(1)(d)