8 Transfer schemes
Postal Services Act 2011 (2011 c 5) | Legislation

Transfer of property etc

8  Transfer schemes

(1)     The Secretary of State, or the original holding company (if it is wholly owned by the Crown), may make one or more transfer schemes.

(2)     A “transfer scheme” is a scheme for the transfer of property, rights or liabilities (or the creation of interests, rights or liabilities)—

(a)     between companies within subsection (3), or

(b)     between—

(i)     a company within subsection (3), and

(ii)     the Secretary of State or the Treasury

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