# Transport Act 2000, Paragraph 4


A transfer scheme may contain provision—
(a) for the creation, in relation to property which the scheme transfers, of an interest in or right over the property in favour of the Board,
(b) for the creation in favour of the Secretary of State of an interest in or right over, property retained by the Board,
(c) for the creation of rights and liabilities as between the Secretary of State and the Board, or
(d) for any rights or liabilities specified or described in the scheme to be, or to be to any extent, enforceable by or against the Secretary of State.

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Source: https://www.legislation.gov.uk/ukpga/2000/38/schedule/25/paragraph/4 (the official version)
Page: https://openlegislation.uk/transport-act-2000/schedule-25/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.