Paragraph 1 I1I2
(1)
A scheme may set out the property, rights and liabilities to be transferred in one or more of the following ways—
(a)
by specifying or describing them in particular;
(b)
by identifying them generally by reference to an undertaking from which they are to be transferred; or
(c)
by identifying them by reference to a specified part of such an undertaking.
(2)
A scheme comes into force on the date appointed by the scheme.
Annotations
Commencement
- I1
Sch. 2 para. 1 in force at 8.6.2005 for specified purposes by S.I. 2005/1444, art. 2(1), Sch. 1
- I2
Sch. 2 para. 1 in force at 24.7.2005 in so far as not already in force by S.I. 2005/1909, art. 2, Sch.