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PART 1GENERAL

Citation, commencement and interpretation

1.—(1) This Order may be cited as the Northern Rock plc Transfer Order 2008.

(2) This Order comes into force on 22nd February 2008.

(3) In this Order—

“the Act” means the Banking (Special Provisions) Act 2008;

“the 1985 Act” means the Companies Act 1985(1);

“the 2006 Act” means the Companies Act 2006(2);

“the Authority” means the Financial Services Authority;

“the effective time” means the beginning of 22nd February 2008;

“Northern Rock” means Northern Rock plc, company registered number 3273685;

“Northern Rock’s registrar” means the person appointed by Northern Rock, as its agent, among other things to maintain its register of members;

“relevant undertaking” means Northern Rock or any of its group undertakings;

“shares in Northern Rock” means the ordinary shares, foundation shares and preference shares issued by Northern Rock;

“the transfer” means the transfer effected by article 2(1);

“the Treasury Solicitor” has the same meaning as in the Treasury Solicitor Act 1876(3) and whose address is One Kemble Street, London WC2B 4TS;

“the USRs” means the Uncertificated Securities Regulations 2001(4).

(4)

S.I. 2001/3755; as amended by S.I. 2003/1633, there are other amending instruments but none is relevant.