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23. In this Part of this Schedule—
relevant transfer" means a transfer of property, rights or liabilities by virtue of a scheme under paragraph 1 of Schedule 20 under which the property, rights or liabilities are transferred to a franchise company,
transferee", in relation to a relevant transfer, means the franchise company to whom the property, rights or liabilities are transferred, and
transferor", in relation to a relevant transfer, means the person from whom the property, rights or liabilities are transferred.