{
  "url": "https://openlegislation.uk/postal-services-act-2011/schedule-11/paragraph-3",
  "json_url": "https://openlegislation.uk/postal-services-act-2011/schedule-11/paragraph-3.json",
  "legislation": "ukpga/2011/5",
  "legislation_title": "Postal Services Act 2011",
  "legislation_url": "https://openlegislation.uk/postal-services-act-2011",
  "path": "schedule/11/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "(1) The old company may for the purpose of giving effect to the proposed transfer make a scheme (a “postal transfer scheme”) for the transfer of property, rights and liabilities from it to the new company (or companies).\n(2) A postal transfer scheme has effect only if—\n(a) the new company (or companies) have consented to the making of the scheme, and\n(b) the Secretary of State has approved the scheme.\n(3) A postal transfer scheme may be made only at a time when the postal administration order is in force in relation to the old company.\n(4) A postal transfer scheme takes effect at the time specified in the scheme.\n(5) In the case of a proposed transfer falling within section 69(4)(a) (transfer to wholly-owned subsidiary), sub-paragraph (2)(a) does not apply.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 11 para. 3 in force at 1.10.2011 by S.I. 2011/2329, art. 3"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2011/5/schedule/11/paragraph/3",
    "retrieved_at": "2026-10-29T09:09:38.627296+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}