SCHEDULE 3 Further Provision about Transfers of Functions, Property etc
Utilities Act 2000 (2000 c 27) | Legislation

SCHEDULE 3 Further Provision about Transfers of Functions, Property etc

Section 3(8)

Preliminary

1

In this Schedule—

“transfer†means—

(a)     a transfer of functions under any provision of this Act to the Authority; or

(b)     a transfer of property, rights and liabilities under section 3; and

“transfer scheme†means a transfer scheme under section 3(3).

Contents of transfer schemes

2

(1)     The property, rights and liabilities which may be transferred by a transfer scheme include property, rights and liabilities that would not otherwise be capable of being transferred or assigned.

(2)     The transfers authorised by sub-paragraph (1) include transfers which are to take effect as if there were no such contravention, liability or interference with any interest or right as there would otherwise be by reason of any provision having

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