- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
3.—(1) In any statutory provision or document—
(a)which relates to anything transferred by virtue of the scheme, and
(b)which is in effect immediately before the transfer date,
any reference to the transferor is, in relation to any time after the transfer date, to be construed as a reference to the transferee.
(2) Sub-paragraph (1) applies unless contrary provision is made by or under this Act or the context otherwise requires.
(3) A transfer by virtue of a scheme does not affect the validity of anything done by, or in relation to, the transferor before the transfer date.
(4) Anything which—
(a)before the transfer date was done by or in relation to the transferor for the purposes of or otherwise in connection with anything transferred by virtue of a scheme, and
(b)is in effect immediately before the transfer date,
continues to have effect to the same extent and subject to the same provisions as if it had been done by, or in relation to, the transferee.
(5) Anything (including any legal proceedings) which—
(a)relates to anything transferred by virtue of a scheme, and
(b)is in the process of being done by or in relation to the transferor immediately before the transfer date,
may be continued by or in relation to the transferee.
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: