Schedule 7, paragraph 4(3)

An FMI transfer scheme may set out the property, rights and liabilities to be transferred in one or more of the following ways— by specifying or describing them in particular, by identifying them generally by reference to, or to a specified part of, the undertaking of the old company, or by specifying the manner in which they are to be determined.

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Source: legislation.gov.uk · retrieved 2026-09-04