SCHEDULES

SCHEDULE 3 Transfer to the Post Office company: supplementary provisions

General provisions as to vesting of property etc.

1

1

Anything (including any legal proceedings) which, immediately before the appointed day, is in the process of being done by or in relation to the Post Office may, so far as it relates to anything transferred by virtue of section 62, be continued by or in relation to the original holding company.

2

Anything done (or having effect as if done) by or in relation to the Post Office for the purposes of or in connection with anything transferred by virtue of section 62 shall, if in force immediately before the appointed day, have effect as if done by or in relation to F1the original holding company in so far as that is required for continuing its effect on or after the appointed day.

3

The transfer effected by virtue of section 62 does not affect the validity of anything done (or having effect as if done) by or in relation to the Post Office before the appointed day.

4

Any agreement (whether or not in writing), or any document other than an agreement or enactment, which was made before the appointed day shall have effect, so far as may be necessary for the purposes of, or in consequence of, the transfer effected by virtue of section 62 as if—

a

any references (including references which are to be construed as such references) to the Post Office were references to F1the original holding company, and

b

any references (including references which are to be construed as such references) to an employee or other person serving the Post Office in a specified capacity were references to such a person as F1the original holding company may appoint or, in default of appointment, to a person with corresponding functions serving F1the original holding company.

5

The Secretary of State may by order provide for any provision of sub-paragraphs (1) to (4) not to apply, or to apply with modifications, in such cases or descriptions of case as he considers appropriate.

6

Sub-paragraphs (1) to (4) are subject to any provision made by or under this Act.