SCHEDULE 5 Supplementary Provisions about Nuclear Transfer Schemes
Energy Act 2004 (2004 c 20) | Legislation

SCHEDULE 5 Supplementary Provisions about Nuclear Transfer Schemes

Section 38

Identification of property to which scheme applies

1

A nuclear transfer scheme may set out the property, rights and liabilities to be transferred in one or more of the following ways—

(a)     by specifying or describing them in particular;

(b)     by identifying them generally by reference to, or to a specified part of, an undertaking from which they are to be transferred; or

(c)     by specifying the manner in which they are to be determined.

Property, rights and liabilities that may be transferred

2

(1)     The property, rights and liabilities that may be transferred by a nuclear transfer scheme include—

(a)     property, rights and liabilities that would not otherwise be capable of being transferred or assigned by the transferor;

(b)     property acquired, and rights and liabilities arising, in the period after the making of the scheme and before it comes into force;

(c)     rights and liabilities arising after it comes into force in respect of matters occurring before it comes into force;

(d)     property situated anywhere in the United Kingdom or elsewhere;

(e)     rights and liabilities under the law of a part of the

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