49(1) The Treasury may make a scheme identifying property, rights and liabilities of the old commissioners which shall on commencement vest not in the new commissioners but in the Director of Revenue and Customs Prosecutions.
49(2) A scheme shall have effect–
(a)in so far as it excludes anything from the operation of section 48, on the coming into force of that section, and
(b)in so far as it vests anything in the Director of Revenue and Customs Prosecutions, upon the coming into force of section 35.
49(3) A scheme may include consequential and incidental provision and may, in particular–