Schedule 2, Part I, paragraph 2(1)

The property, rights and liabilities which are transferred by, or may be transferred by transfer scheme under, section 3 or 22 of this Act include— property, rights and liabilities that would not otherwise be capable of being transferred or assigned by the transferor; in the case of a transfer scheme, such property, rights and liabilities to which the transferor may become entitled or subject after the making of the scheme and before the transfer date as may be specified in the scheme; property situated anywhere in the United Kingdom or elsewhere; rights and liabilities under enactments; rights and liabilities under the law of any part of the United Kingdom or of any country or territory outside the United Kingdom.

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Source: legislation.gov.uk · retrieved 2026-07-30