85 Powers of the Board to make transfer schemes
Railways Act 1993 (1993 c 43) | Legislation

85  Powers of the Board to make transfer schemes

(1)ÌýÌýÌýÌý The Board shall have power to make schemes for the transfer of the whole or any part of the undertaking, or any property, rights or liabilities, of—

(a)ÌýÌýÌýÌý the Board,

(b)ÌýÌýÌýÌý any wholly owned subsidiary of the Board,

(c)ÌýÌýÌýÌý any publicly owned railway company,

(d)ÌýÌýÌýÌý the Franchising Director, or

(e)ÌýÌýÌýÌý any company which is wholly owned by the Franchising Director,

to any other person falling within paragraphs (a) to (e) above or to a franchise company.

(2)ÌýÌýÌýÌý In relation to the transfer or disposal (or the proposed transfer or disposal) of the whole or any part of an undertaking, any reference in this Part to property, rights or liabilities

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