This Practice Note, produced in partnership with Emma Simmonds, Lois Deasey and Timea Bagossy of Akin Gump Straus Hauer & Feld LLP, considers the elements of a transfer scheme under section 900 of the Companies Act 2006 (or schemes of reconstruction and amalgamation), the similarities and differences between them and s 895 schemes of arrangement (or Part 26 schemes), the meaning of reconstruction and amalgamation and some deal analysis.