Paragraph 4 I1I2
A scheme may contain provision for imposing on a transferee or a transferor an obligation—
to enter into such agreements with another person on whom a corresponding obligation is, or could be or has been, imposed by virtue of this paragraph (whether in the same or a different scheme), or
to execute such instruments in favour of any such person,
as may be specified or described in the scheme.
An obligation imposed on a person by virtue of sub-paragraph (1) shall be enforceable by the relevant person in civil proceedings—
for an injunction;
for specific performance of a statutory duty under section 45 of the Court of Session Act 1988 (c. 36); or
for any other appropriate remedy or relief.
The relevant person for the purposes of sub-paragraph (2) is the person with, or in favour of whom, the agreement or instrument is to be entered into or executed.
Annotations
Commencement
- I1
Sch. 2 para. 4 in force at 8.6.2005 for specified purposes by S.I. 2005/1444, art. 2(1), Sch. 1
- I2
Sch. 2 para. 4 in force at 24.7.2005 in so far as not already in force by S.I. 2005/1909, art. 2, Sch.