Article 2

after the definition of “current assets”, there shall be inserted the following—

• ““Deed of Assumption” means a deed made by way of deed poll pursuant to which the maker of the deed undertakes certain payment obligations in relation to capital grant provided by an Executive;”, and

after the definition of “relevant date”, there shall be inserted the following—

• ““relevant sum” means a sum paid by Railtrack plc to an Executive in pursuance of a Deed of Assumption made by the British Railways Board on 30th March 1994 the liabilities under which were transferred to Railtrack plc by scheme made by the Board on 30th March 1994 pursuant to section 85(1) of the Railways Act 1993^f2;

• “special sum” means a sum paid by the British Railways Board to an Executive in pursuance of a Deed of Assumption made by the Board on or before 31st May 1995 or a sum paid by Railtrack plc to an Executive in pursuance of any Deed of Assumption made by Railtrack plc on or before 31st July 1995;”;