12(1)A scheme may contain provision for imposing, on the transferor or a transferee, obligations—U.K.
(a)to enter into agreements with, or
(b)to execute instruments in favour of,
persons specified in the scheme.
(2)The persons who may be so specified are—
(a)a transferee;
(b)the transferor;
(c)any person other than the transferor or a transferee.
(3)Sub-paragraphs (4) to (7) apply where a scheme contains provision for imposing an obligation of the kind mentioned in sub-paragraph (1).
(4)The scheme must specify or describe the agreement or instrument to which the obligation relates.
(5)The obligation may be enforced in any authorised way by the person—
(a)with whom the agreement is to be entered into, or
(b)in favour of whom the instrument is to be executed.
(6)In sub-paragraph (5) “enforced in any authorised way” means—
(a)enforced in civil proceedings for an injunction,
(b)enforced in civil proceedings for any other appropriate remedy or relief, or
(c)enforced in any other way authorised by the scheme.
(7)The scheme may provide for sub-paragraph (6)(a) or (b)—
(a)not to apply in relation to the obligation, or
(b)to apply in relation to the obligation subject to restrictions imposed by the scheme.