SCHEDULE 3 Orders Under Section 46: Transfer Schemes
Energy Act 2013 (2013 c 32) | Legislation

SCHEDULE 3 Orders Under Section 46: Transfer Schemes

Section 47

Power to make transfer schemes

1

(1)     The Secretary of State may exercise the power in sub-paragraph (2) in connection with the making of an order under section 46 providing for a person (“the transfereeâ€) to carry out EMR functions in place of another person (“the transferorâ€).

(2)     The Secretary of State may make one or more schemes for the transfer of designated property, rights or liabilities of the transferor to the transferee.

(3)     On the transfer date, the designated property, rights and liabilities are transferred and vest in accordance with the scheme.

(4)     The rights and liabilities that may be transferred by a scheme include those arising

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