# Transport Act 2000, Paragraph 1


(1) Paragraphs 2 and 3 apply if the following two conditions are satisfied.
(2) The first condition is that—
(a) provision is made by a transfer scheme for the transfer to a transferee of a specified part of a transferor’s undertaking, or
(b) provision is made by a transfer scheme (or transfer schemes) for the transfer to different transferees of different specified parts of a transferor’s undertaking.
(3) The second condition is that any property, right or liability falls partly in one part of the undertaking and partly in another or others; and the parts of the undertaking are—
(a) the part (or each part) transferred, and
(b) if a part is retained by the transferor, that part.
(4) In paragraphs 2 and 3 references to the parties are to—
(a) the transferee or transferees concerned, and
(b) the transferor (if he retains part of the undertaking).
(5) Paragraphs 2 and 3 do not apply to rights or liabilities under a contract of employment.

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Source: https://www.legislation.gov.uk/ukpga/2000/38/schedule/6/paragraph/1 (the official version)
Page: https://openlegislation.uk/transport-act-2000/schedule-6/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.