# Horserace Betting and Olympic Lottery Act 2004, Paragraph 7

Status: prospective

A transfer scheme may transfer property, rights or liabilities which—
(a) do not exist when the scheme is made but do exist when the transfer takes effect, or
(b) become property, rights or liabilities of the Board after the scheme is made and before the transfer takes effect.

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Source: https://www.legislation.gov.uk/ukpga/2004/25/schedule/3/paragraph/7 (the official version)
Page: https://openlegislation.uk/horserace-betting-and-olympic-lottery-act-2004/schedule-3/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.