1(1)The Secretary of State may make one or more property transfer schemes or staff transfer schemes.
(2)A “property transfer scheme” is a scheme for the transfer to ARIA from a permitted transferor of any property, rights or liabilities, other than rights or liabilities under or in connection with a contract of employment.
(3)A “staff transfer scheme” is a scheme for the transfer to ARIA from a permitted transferor of any rights or liabilities under or in connection with a contract of employment.
(4)In this Schedule, a “permitted transferor” means the Secretary of State or United Kingdom Research and Innovation.
Commencement Information
I1Sch. 2 para. 1 not in force at Royal Assent, see s. 13(1)
I2Sch. 2 para. 1 in force at 25.1.2023 by S.I. 2023/58, reg. 2