# High Speed Rail (London - West Midlands) Act 2017, Paragraph 1


(1) The property, rights and liabilities that may be the subject of a transfer scheme include in particular—
(a) rights and liabilities relating to contracts of employment;
(b) property, rights and liabilities that would not otherwise be capable of being transferred or assigned by the transferor;
(c) property acquired after the making of the scheme and rights and liabilities arising after the making of the scheme;
(d) rights and liabilities under an enactment.
(2) A transfer scheme may—
(a) create rights or interests in relation to property for whose transfer the scheme provides or property retained by the transferor;
(b) create rights and liabilities as between the transferor and a transferee or as between different transferees.
(3) A transfer scheme may contain provision about enforcement, by or against any one or more of the transferor and the transferee or transferees, of a right or liability for whose transfer or creation the scheme provides.
(4) A transfer scheme may define the property, rights and liabilities to be transferred or property to be retained by the transferor—
(a) by specifying it or them;
(b) by describing it or them.
(5) A description of property, rights or liabilities may be framed in particular—
(a) by reference to the transferor's undertaking;
(b) by reference to a specified part of that undertaking.

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Source: https://www.legislation.gov.uk/ukpga/2017/7/schedule/31/paragraph/1 (the official version)
Page: https://openlegislation.uk/high-speed-rail-london-west-midlands-act-2017/schedule-31/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.