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2. Registration of orders relating to immovable property

If any property specified in an order made under section 1(d ) of this Schedule is immovable property, the order is, for the purpose of the Land Registration Ordinance (Cap. 128)—

(a) to be regarded as an instrument affecting land; and

(b) registrable, as an instrument affecting land, in the Land Registry under that Ordinance in any manner the Land Registrar considers appropriate.

3. Interpretation

In section 1(j) of this Schedule, a reference to “withholding” includes—

(a) agreeing or threatening to withhold; and

(b) procuring others to withhold or to agree or threaten to withhold.

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Provisions that may be Contained in Orders Made by Tribunal in Relation to Anticipated Mergers and Mergers

1. An order may provide for—

(a) the division of any business (whether by the sale of any part of its assets or otherwise); or

(b) the division of any undertaking or association of undertakings.

2. An order made under section 1 of this Schedule may contain any provisions that the Tribunal considers appropriate to effect or take account of the division including, in particular, provision as to—

(a) the transfer or creation of property, rights, liabilities or obligations;

(b) the number of persons to whom the property, rights, liabilities or obligations are to be transferred or in whom they are to be vested;

(c) the time within which the property, rights, liabilities or obligations are to be transferred or vested;

(d) the adjustment of contracts (whether by discharge or reduction of any liability or obligation or otherwise);