Regulation 5 Transfer documentsI1

England, Wales and Scotland

In these Regulations “transfer documents” means a set of documents comprising—

(a)

a draft of the transfer scheme to be made under paragraph 1(1) of Schedule 9;

(b)

draft terms of any agreements to be entered into pursuant to the transfer scheme, which for a draft offer can be a summary of terms;

(c)

details of the proposed compensation and any mechanism to adjust that compensation; and

(d)

any other documents or information which the Secretary of State considers to be relevant to the proposed compensation,

from which the proposed compensation can be assessed.

Annotations

I1: Reg. 5 in force at 5.3.2024, see reg. 1(2) (as amended by S.I. 2024/134, reg. 2)