Define: Undertaking
the business activities transferring/transferred to the Mutual from the Council under the Transfer Agreement.
the business activities transferring/transferred to the Mutual from the Council under the Transfer Agreement.
Relevant Circumstances
- When a business or trading activity is being moved from one entity to another
- If the scope of what is transferred needs to be clearly defined for TUPE or asset-allocation purposes
- Where assumed liabilities and excluded matters must be precisely captured