Section 12: Abolition of the GTCE: transfer schemes
110.Section 12 gives effect to Schedule 3 which enables the Secretary of State to create a scheme whereby members of GTCE staff can have their contracts of employment transferred to the Secretary of State, with appropriate civil service terms and conditions, unless they give notice of objection.
111.The Secretary of State may also create a property transfer scheme, through which the GTCE’s assets and liabilities may transfer to the Secretary of State.