Marine and Coastal Access Act 2009, Cross Heading: Creation and apportionment of property, rights or liabilities is up to date with all changes known to be in force on or before 17 May 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
3(1)A scheme may—U.K.
(a)create for the transferor interests in or rights over property transferred by virtue of the scheme;
(b)create for the transferee interests in or rights over property retained by the transferor;
(c)create rights or liabilities between the transferor and the transferee.
(2)In this Schedule, any reference—
(a)to the transfer of interests, rights or liabilities by virtue of a scheme, or
(b)to any interests, rights or liabilities transferred by virtue of a scheme,
includes a reference to the creation of interests, rights or liabilities, or to interests, rights or liabilities created, by virtue of sub-paragraph (1).
(3)A scheme may make incidental provision as to the interests, rights and liabilities of persons other than the transferor and the transferee with respect to the subject matter of the scheme.
Commencement Information
I1Sch. 3 para. 3 in force at 12.1.2010 by S.I. 2009/3345, art. 2, Sch. para. 5
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