Article 5 Associated liability and interference
(1)
The transfer takes effect as if—
(a)
no associated liability existed in respect of any failure to comply with any requirement in respect of the transfer; and
(b)
there were no associated interference with the transferred rights and liabilities.
(2)
In this article “associated liability” and “associated interference” have the meanings given in paragraph 2(2) of Schedule 2 to the Act.