# Transport Act 2000, Paragraph 23


In this Part of this Schedule—
“relevant transfer” means a transfer of property, rights or liabilities by virtue of a scheme under paragraph 1 of Schedule 21 under which the property, rights or liabilities are transferred to a franchise company,
“transferee”, in relation to a relevant transfer, means the franchise company to whom the property, rights or liabilities are transferred, and
“transferor”, in relation to a relevant transfer, means the person from whom the property, rights or liabilities are transferred.

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Source: https://www.legislation.gov.uk/ukpga/2000/38/schedule/26/paragraph/23 (the official version)
Page: https://openlegislation.uk/transport-act-2000/schedule-26/paragraph-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.