# Transport Act 2000, Paragraph 7


On the date appointed by a transfer scheme, the property, rights and liabilities which are the subject of the scheme shall, by virtue of this paragraph, be transferred in accordance with the provisions of the scheme.

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Source: https://www.legislation.gov.uk/ukpga/2000/38/schedule/25/paragraph/7 (the official version)
Page: https://openlegislation.uk/transport-act-2000/schedule-25/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.