Statutory Instruments

2008 No. 2644

BANKS AND BANKING

The Heritable Bank plc Transfer of Certain Rights and Liabilities Order 2008

Made

at 9.27 a.m. on 7th October 2008

Laid before Parliament

at 12.30 p.m. on 7th October 2008

Coming into force

at 9.30 a.m. on 7th October 2008

It appears to the Treasury to be desirable to make this Order for the following purpose:

maintaining the stability of the UK financial system in circumstances where the Treasury consider that there would be a serious threat to its stability if the Order were not made.

The Treasury, in exercise of the powers conferred by sections 6, 12, 13(2) of and Schedule 2 to the Banking (Special Provisions) Act 2008(1), make the following Order:

(1)

2008 c. 2.