Definition of the property, rights and liabilities transferredE+W+S
4E+W+SA transfer scheme may define the property, rights and liabilities to be transferred—
(a)by specifying or describing them;
(b)by referring to all (or all except anything specified or described) of the property, rights and liabilities comprised in a specified part of the undertaking of the transferor; or
(c)partly in the one way and partly in the other.