Paragraph 6

(1)

A scheme under section 3 may include provision—

(a)

for the transfer of property or rights for which provision is not made in paragraphs 1 to 3;

(b)

for the transfer of rights and liabilities under or in connection with a contract of employment;

(c)

for the transfer of other rights and liabilities.

(2)

For the purposes of sub-paragraph (1)(a), the scheme may provide for property which was held on trust immediately before the transfer to continue to be held subject to the same trusts.

(3)

But any property which was held immediately before the transfer as permanent endowment is, if the transferee is a company limited by guarantee or CIO, to be held by the transferee as corporate trustee.