9(1)The parties must, so far as practicable, make any written agreement and execute any other instrument necessary or expedient to—U.K.
(a)give to any party (as against another or others) any rights and safeguards needed for carrying out the party’s functions;
(b)modify the division of the transferor’s undertaking in order to help the parties in carrying out their functions.
(2)An agreement or instrument under sub-paragraph (1) may provide—
(a)for the granting of leases and for the creation of other rights and liabilities over land (whether or not amounting in law to interests in land and whether or not involving the surrender of any existing interest or the creation of a new interest);
(b)for the granting of indemnities in connection with the severance of leases and other matters;
(c)for responsibility for registration of any matter in any statutory register.
(3)The duty under sub-paragraph (1) has effect before as well as after the coming into force of any transfer scheme concerned.
Commencement Information
I1Sch. 6 paras. 1-25 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)