SCHEDULES

Section 1

SCHEDULE 1U.K.Power to abolish: bodies and offices

NOTE

1U.K.For the purposes of making a transfer scheme under section 23 in relation to the abolition of British Shipbuilders—

(a)a subsidiary of British Shipbuilders dissolved before the coming into force of the scheme is to be treated as not having been dissolved, and

(b)the scheme may make provision for the transfer of liabilities as if the subsidiary had not been dissolved.