A Washington Treaty that transfers surplus capital ships

If the Washington Treaty allowed surplus capital ships to be transferred, which countries might receive them?

Britain would likely divide battleships between Canada and India and send surviving battlecruisers to Australia and New Zealand.

Battleships would most plausibly go to Canada and India, while Australia and New Zealand received fast battlecruisers. A Renown would be easier for a Dominion navy to sustain than a larger Admiral-class ship. Those extra ships could change Atlantic patrols, the Norway campaign, and the escort available to HMS Glorious. The scenario demonstrates how transferred hulls impose personnel and support costs while also creating operational options.