SCHEDULE 4 Transfer Schemes
Energy Act 2023 (2023 c 52) | Legislation

SCHEDULE 4 Transfer Schemes

Section 52

Application and commencement of scheme

1

(1)     A 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.

(2)     A scheme comes into force on the date appointed by the scheme.

Property, rights and liabilities that may be transferred

2

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

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

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

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

(d)     property situated in the United Kingdom, otherwise in a controlled place, or elsewhere;

(e)

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