SCHEDULES

C1SCHEDULE 15 Transfer of relevant activities in connection with PPP administration orders

Annotations:
Modifications etc. (not altering text)

Transfer of licences

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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.

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.