Part 3 Property Transfer Schemes

Part 3 Property Transfer Schemes

Power to make property transfer schemes

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(1)     The Secretary of State may make one or more schemes transferring qualifying property, rights and liabilities of the HSE to the ONR.

(2)     The Secretary of State may make one or more schemes transferring qualifying property, rights and liabilities of the Secretary of State to the ONR.

(3)     A scheme under sub-paragraph (1) or (2) is referred to in this Schedule as a “property transfer schemeâ€.

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The HSE may submit to the Secretary of State proposals about the exercise of the power to make property transfer schemes.

Qualifying property

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(1)     References in this Part to “qualifying property, rights and liabilities†are to property held, and rights and liabilities arising, in connection with—

(a)     functions

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