# Postal Services Act 2011, Paragraph 18


Nothing in—
(a) Part 23 of the Companies Act 2006 (distributions), or
(b) any rule of law relating to distributions by companies or the maintenance of capital by companies,
applies in relation to a transfer of property, rights or liabilities, or the creation of rights or interests, by or under a transfer scheme.

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Source: https://www.legislation.gov.uk/ukpga/2011/5/schedule/1/paragraph/18 (the official version)
Page: https://openlegislation.uk/postal-services-act-2011/schedule-1/paragraph-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.