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2.—(1) Standing timber located in Black Crane Cleuch Woodland (grid reference NY593924) which has been sold by or on behalf of the Forestry Commissioners prior to the transfer date and in relation to which there is a contract of sale concluded prior to the transfer date.
(2) Felled timber located in Black Crane Cleuch Woodland (grid reference NY593924).
(3) All contractual rights and liabilities held by the Forestry Commissioners in relation to standing and felled timber located in the Black Crane Cleuch Woodland (grid reference NY593924) in respect of which a contract of sale is in place.
(4) In this paragraph a “contract of sale” means a contract to which the Forestry Commissioners are a party and which—
(a)relates to the sale of standing or felled timber situated in Black Crane Cleuch Woodland (grid reference NY593924) and over which the Forestry Commissioners have, immediately before the transfer date, the power of disposal;
(b)disposes of the timber mentioned in paragraph (a) by the Forestry Commissioners to another person or persons; and
(c)is in writing.
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