(1)  Where payments under a prepaid funeral agreement are held by a funeral trust, a person carrying on the relevant funeral business may assign his or her rights and obligations under the agreement to another funeral business.

(2)  On an assignment under subsection (1) , the custodian of the relevant funeral trust must –

(a) continue to act as custodian of that funeral trust in respect of the relevant prepaid funeral agreement; or

(b) pay all money and transfer all investments held in respect of the agreement to the custodian of another funeral trust nominated by the person carrying on the first-mentioned funeral business.