Giving of notice, permission and consent

Any notice which may be required under the Laws of Belize to be given by the Transferor or the Transferee to any third party or to be published, and any authorisation, permission or consent required to be obtained for the perfecting of any transfer or assignment, the effective exercise of any right, the enjoyment of any benefit or the assumption of any liability or obligation by the Transferee by virtue of the vesting in the Transferee of the Undertaking, shall be deemed to have been duly given, published and obtained by the passing of this Act. Bank Undertaking (Barclays Bank Plc Belize Operations) Vesting 11 SCHEDULE BANK UNDERTAKING (BARCLAYS BANK PLC BELIZE OPERATIONS) VESTING ACT Property Transfer Agreement. PART 1 Property and Rights Transferred All assets of the banking business carried on by the Transferor in Belize which at the close of business on the Appointed Day are recorded on the books and files of the Transferor in Belize or have been allocated to the said banking business (but not including those assets which are expressly excluded by the terms of the Agreement), which assets consist of all the estate, right, title and interest and responsibilities of the Transferor in and to all property of the Transferor recorded in such books or so allocated of every kind and description both real and personal, movable and immovable, corporeal and incorporeal, which assets include the properties set out hereunder but excluding specifically any security issued by persons resident in Belize in respect of loans made to persons resident in Belize by the Transferor which are recorded in the books of the Transferor outside of Belize, as at the close of business on the Appointed Day. Freehold Properties 1. Land and dwelling-house at Lots Nos. 2165 and 2186 at St. John Street in Belize City. 2. Land and office premises in the Belmopan Registration Section in Block 20 at Parcel 1801. Bank Undertaking (Barclays 12 3. A portion of Lot No.77 and the office premises thereon at the corner of Commerce Street and Court House Road in Dangriga. 4. Land and office premises at Lot No. 159 at the corner of Church and Albert Streets in Belize City. 5. Land in Belmopan Registration Section in Block 20 at parcel 1170. Leasehold Properties 1. Dwelling house premises in the Caribbean Shores/Belize Registration Section in Block 16 at Parcel 50. 2. Apartment in the premises at No. 16 Newtown Barracks in Belize City. 3. Dwelling house premises at Lot No. 3416 in the City of Belmopan. 4. Offices in the premises in the Caribbean Shores/Belize Registration Section in Block 16 at Parcels Nos. 251 and 253. Part 2 Liabilities and Obligations Assumed ALL debts, liabilities, contractual engagements and obligations whatsoever (actual, contingent or otherwise) of the Transferor in Belize as at the close of the business on the Appointed Day, and comprising debts, contractual engagements, liabilities and obligations to customers and others incurred by the Transferor in carrying on the Undertaking by excluding those liabilities which are expressly excluded by the terms of the Agreement.