Schedules Part 2 - Transfer schemes Power to make transfer schemes
The Secretary of State may make one or more transfer schemes in connection with the transfer of property, rights and liabilities of a relevant person or body so as to allow the ICBA to carry out its functions, as the Secretary of State or the Minister for the Cabinet Office consider appropriate. Further limitations are included as to who constitutes a "relevant person", what may be transferred and what the transfer scheme may provide for are included within these provisions.