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Article 5 I1I2

The Interim Transfer—

(a)

is the transfer of an amount of assets which have a value, determined in accordance with Schedule 4, as at the Effective Date equal to the Interim Transfer Amount, together with any Associated Liabilities and Claims related to those assets, and

(b)

must take effect at the time provided for by whichever of paragraphs 2, 5, 6, 7, 8, 9 or 10 of Schedule 5 applies in respect of each asset.

Annotations

Commencement

I1

Art. 5 not in force at made date, see art. 1(2)

I2

Art. 5 in force at 1.4.2012 by S.I. 2012/966, arts. 2, 3(b)