Canal and River Trust: The British Waterways Board Transfer Scheme
The transfer scheme transferred the property of British Waterways in England and Wales to the Canal and River Trust.
The British Waterways Board Transfer Scheme was signed on 1 July 2012 by the Parliamentary Under Secretary of State, Department for Environment, Food and Rural Affairs. It transferred the property of British Waterways in England and Wales to the Canal and River Trust and its wholly owned subsidiary Canal and River Trading.
The scheme was amended in 2014 to adjust the definition of Infrastructure Property and align with the Charities Act 2011.
It was further amended in 2023 to remove residual government controls which were incompatible with the Canal and River Trust’s status as a private sector body. This includes the requirement for government consent to dispose of infrastructure property.