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Greater London Authority Act 1999

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Change 1

What to do with it
As published

333DB Further provisions about transfer schemes

(1) A transfer scheme may— (a) create for the transferor interests in, or rights over, property transferred by virtue of the scheme, (b) create for a transferee interests in, or rights over, property retained by the transferor or transferred to another transferee, (c) create rights or liabilities between the transferor and a transferee or between transferees. (2) A transfer scheme may provide for the transfer of property, rights or liabilities that would not otherwise be capable of being transferred or assigned. (3) In particular, a transfer scheme may provide for the transfer to take effect regardless of a contravention, liability or interference with an interest or right that would otherwise exist by reason of a provision having effect in relation to the terms on which the transferor is entitled to the property or right, or subject to the liability, in question. (4) It does not matter whether the provision referred to in subsection (3) has effect under an enactment or an agreement or in any other way. (5) A certificate by the Secretary of State that anything specified in the certificate has vested in any person by virtue of a transfer scheme is conclusive evidence for all purposes of that fact. (6) A transfer scheme may contain provision for the payment of compensation by the Secretary of State to any person whose interests are adversely affected by it. (7) A transfer by virtue of a transfer scheme does not affect the validity of anything done by or in relation to the transferor before the transfer takes effect. (8) Anything which— (a) is done by the transferor for the purposes of, or otherwise in connection with, anything transferred by virtue of a transfer scheme, and (b) is in effect immediately before the transfer date, is to be treated as done by the transferee. (9) There may be continued by or in relation to the transferee anything (including legal proceedings)— (a) which relates to anything transferred by virtue of a transfer scheme, and (b) which is in the process of being done by or in relation to the transferor immediately before the transfer date. (10) Subsection (11) applies to any document— (a) which relates to anything transferred by virtue of a transfer scheme, and (b) which is in effect immediately before the transfer date. (11) Any references in the document to the transferor are to be read as references to the transferee. (12) A transfer scheme may include supplementary, incidental, transitional and consequential provision. (13) In this section— “enactment” includes subordinate legislation within the meaning of the Interpretation Act 1978; “transfer scheme” means a transfer scheme under section 333DA; “transfer date” means a date specified by a transfer scheme as the date on which the scheme is to have effect.

Your change, as a redline

333DB Further provisions about transfer schemes

(1) A transfer scheme may— (a) create for the transferor interests in, or rights over, property transferred by virtue of the scheme, (b) create for a transferee interests in, or rights over, property retained by the transferor or transferred to another transferee, (c) create rights or liabilities between the transferor and a transferee or between transferees. (2) A transfer scheme may provide for the transfer of property, rights or liabilities that would not otherwise be capable of being transferred or assigned. (3) In particular, a transfer scheme may provide for the transfer to take effect regardless of a contravention, liability or interference with an interest or right that would otherwise exist by reason of a provision having effect in relation to the terms on which the transferor is entitled to the property or right, or subject to the liability, in question. (4) It does not matter whether the provision referred to in subsection (3) has effect under an enactment or an agreement or in any other way. (5) A certificate by the Secretary of State that anything specified in the certificate has vested in any person by virtue of a transfer scheme is conclusive evidence for all purposes of that fact. (6) A transfer scheme may contain provision for the payment of compensation by the Secretary of State to any person whose interests are adversely affected by it. (7) A transfer by virtue of a transfer scheme does not affect the validity of anything done by or in relation to the transferor before the transfer takes effect. (8) Anything which— (a) is done by the transferor for the purposes of, or otherwise in connection with, anything transferred by virtue of a transfer scheme, and (b) is in effect immediately before the transfer date, is to be treated as done by the transferee. (9) There may be continued by or in relation to the transferee anything (including legal proceedings)— (a) which relates to anything transferred by virtue of a transfer scheme, and (b) which is in the process of being done by or in relation to the transferor immediately before the transfer date. (10) Subsection (11) applies to any document— (a) which relates to anything transferred by virtue of a transfer scheme, and (b) which is in effect immediately before the transfer date. (11) Any references in the document to the transferor are to be read as references to the transferee. (12) A transfer scheme may include supplementary, incidental, transitional and consequential provision. (13) In this section— “enactment” includes subordinate legislation within the meaning of the Interpretation Act 1978; “transfer scheme” means a transfer scheme under section 333DA; “transfer date” means a date specified by a transfer scheme as the date on which the scheme is to have effect.

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