SCHEDULES

SCHEDULE 2Transfers of property etc: supplemental provisions

Part IITransfer schemes

Description of the property etc. to be transferred by scheme

4A transfer scheme may define the property, rights and liabilities to be transferred by the scheme—

(a)by specifying or describing the property, rights and liabilities in question;

(b)by referring to all (or all but so much as may be excepted) of the property, rights and liabilities comprised in a specified part of the undertaking of the transferor; or

(c)partly in the one way and partly in the other.