Paragraph 19

In this Part of this Schedule—

• “relevant transfer” means a transfer of property, rights or liabilities by virtue of—

  1. (a)

     a scheme under paragraph 1 of Schedule 21 under which the property, rights or liabilities are transferred to the Secretary of State, or

  2. (b)

     a scheme under paragraph 1 of Schedule 25,

• “transferee”, in relation to a relevant transfer, means the Secretary of State, and

• “transferor”, in relation to a relevant transfer, means the person from whom the property, rights or liabilities are transferred.