SCHEDULES

SCHEDULE 2SECTION 3: SUPPLEMENTARY PROVISIONS

Transfer to GOSH Children's Charity: transitional provisions

2

1

Sub-paragraph (2) applies where immediately before the transfer date—

a

the trustees were entitled to a royalty by virtue of paragraph 2 of Schedule 6 to the 1988 Act, but

b

the royalty or another form of remuneration agreed by the trustees (or part of it) has not been paid to the trustees.

2

The royalty or other form of remuneration (or part of it) is payable to GOSH Children's Charity on and after the transfer date and is to be held by it for the purposes of the Hospital.

3

Where a royalty or other form of remuneration (or part of it) is payable to GOSH Children's Charity by virtue of paragraph 2 it may agree another form of remuneration.

4

1

Sub-paragraph (2) applies where immediately before the transfer date the trustees were entitled to a royalty or other remuneration by virtue of paragraph 2 of Schedule 6 to the 1988 Act (whether or not the royalty or remuneration (or part of it) has been paid).

2

Paragraph 5 of that Schedule applies on and after the transfer date as if GOSH Children's Charity had been the trustees before the transfer date (and any application or order or other thing made or done before the transfer date has effect accordingly).