SCHEDULES

SCHEDULE 3E+WTransfer schemes

Creation and apportionment of property, rights and liabilities etc.E+W

1E+WA scheme may—

(a)create for the transferor interests in or rights over property transferred by virtue of the scheme;

(b)create for the transferee interests in or rights over property retained by the transferor;

(c)create rights or liabilities between the transferor and the transferee.