HC Deb 01 April 1981 vol 2 cc431-2
Mr. Kenneth Baker

I beg to move amendment No. 14, in page 13, line 13, leave out 'by virtue of this Act'.

Mr. Deputy Speaker

With this we may take Government amendments Nos. 15 to 21, 79, 80, and 90.

Mr. Baker

The House will be glad to know that this long list of rather complicated amendments is entirely technical and clarificatory to the vesting provisions stemming from the distinction between the transfer of property, rights and liabilities, which is a single process done by the Act, and the vesting of that property in BT which is consequential upon the transfer and takes place by virtue of the Act. After the transfer the property is, and continues to be, vested in its new owner.

Amendment agreed to.

Amendments made: No. 15, in page 13, line 14, after 'and', insert 'by virtue of this Act'.

No. 16, in page 13, line 25, leave out 'the agreement' and insert 'or determined by or under the agreement and in such circumstances (if any) as may be so specified'.

No. 17, in page 13, line 26, leave out 'by virtue of this Act'.

No. 18, in page 13, line 30, leave out 'by virtue of this Act'.

Line 19, in page 13, line 35, at end insert— '(5A) Subject to subsection (6), in the case of any agreement under subsection (4) the property, rights and liabilities in question shall on the date of the coming into force of the agreement be transferred, and by virtue of the agreement vest, in accordance with the agreement. '.

No. 20, in page 13, line 37, leave out '(4)' and insert '(5A) subject, in the case of a transfer under subsection (5A), to any reference in that Schedule to a vesting by virtue of this Act being construed as a reference to a vesting by virtue of the agreement in question'.

No. 21, in page 13, line 38, at end insert— '(7) Any reference in this Act to a transfer by this Act is a reference to a transfer under subsection (2) or (5A).'.—[Mr. Kenneth Baker.]

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