173Transfers of assets and liabilities—validation

#### 173 Transfers of assets and liabilities—validation 173 Transfers of assets and liabilities—validation > > (1) Schedule 4, as amended by the amending Act, extends to any transfer of assets, rights or liabilities, consequent on an order to which that Schedule applies, that was made at any time before the commencement of those amendments. > > > (2) For that purpose— > > > > > (a) the amendments are taken to have been in force when the relevant transfers occurred, and > > > > > (b) any such transfer is taken to have been validly made if it could have been made after that commencement. > > > (3) This clause does not apply to any transfer to the extent that it is affected by any proceedings of a court that were finally determined before that commencement. > > > (4) For the purposes of this clause, proceedings are not finally determined if— > > > > > (a) any period for bringing an appeal as of right in respect of the proceedings has not expired (ignoring any period that may be available by way of extension of time to appeal), or > > > > > (b) any appeal in respect of the proceedings is pending (whether or not it is an appeal brought as of right).