68 Transfer schemes under sections 66 and 67

68  Transfer schemes under sections 66 and 67

(1)     This section applies to any scheme under subsection (1) or (2) of section 66 or subsection (1) of section 67 above (in this Part referred to as a “transfer scheme”); and in this section and section 69 below “the relevant subsection”, in relation to such a scheme, means that subsection.

(2)     A transfer scheme may—

(a)     define the property, rights and liabilities to be allocated to a particular company nominated for the purposes of the relevant subsection—

(i)     by specifying or describing the property, rights and liabilities in question;

(ii)     by referring

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