Schedule 1, Part III Matters of which particulars are to be included in the case of a transfer to a specially formed company
1. The intended range and relative importance of the successor company's activities following the transfer.
2. The directors of the successor company following the transfer, their prospective interests in the company and their other business interests.
3. The auditors of the successor company.
(1) The reasons why the directors of the society and of the successor company are satisfied that there will be no substantial risk that the successor company will not have relevant permission.
(2) "Relevant permission" has the meaning given by paragraph 10(2) of Part II of this Schedule.
5. The protective provisions for specially formed companies contained in section 101 of the Act.