SCHEDULES

SCHEDULE 21 E+W+S Transfer schemes by SRA

Interpretation E+W+S

16 E+W+SIn this Schedule—

• “franchise company” means any body corporate which is, or is to be, the franchisee or the franchise operator under a franchise agreement,

• “transfer scheme” means a scheme under paragraph 1 or 2,

• “transferor” means the person from whom property, rights or liabilities are transferred by a transfer scheme, and

• “transferee” means the person to whom any such property, rights or liabilities are so transferred.

Commencement Information

I1 Sch. 21 para. 16 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)