The Northern Rock plc Transfer Order 2009
PART 1GENERAL
1Citation and commencement
2Interpretation
PART 2THE TRANSFER
3The transfer, &c.
4No consent or concurrence required
5Associated liability and interference
PART 3MISCELLANEOUS AND TRANSITIONAL PROVISIONS
6Third party rights, &c.: general
7Third party rights, &c.: relevant arrangements
82004 Regulations
9Authorisation: permission to carry on regulated activities
10Authorisation: controlled functions
11Construction of documents
12Employees
13Modifications to relevant arrangements relating to certain regulatory permissions, &c.
14Transitional provision: third party services or facilities
15Transitional provision: ACo services or facilities
16Transitional provision: Bacs schemes
17Transitional provision: receipt of certain payments by BCo
18Shadow directorship, &c.
19Freedom of information
20Modification to FSA’s rule-making power
21Modification to FSA’s duty to consult on rule changes
22Modification instruments
SCHEDULE 1Business, &c. transferred from ACo to BCo
PART 1Interpretation
1Interpretation
PART 2Property, rights and liabilities to be transferred (other than excluded property, rights and liabilities)
2All property, rights and liabilities of ACo in respect of...
3All property, rights and liabilities of ACo in respect of...
4All rights and liabilities of ACo in respect of the...
5All property, rights and liabilities of ACo in respect of...
6All property, rights and liabilities of ACo in respect of...
7All property, rights and liabilities of ACo in respect of...
8All property, rights and liabilities of ACo in respect of...
9All property, rights and liabilities of ACo in respect of...
10All property, rights and liabilities of ACo—
11All property, rights and liabilities of ACo in respect of...
12All property, rights and liabilities of ACo in respect of...
13All personal or moveable property of ACo other than—
14All property and rights in— (a) the ACo brand, and...
15The goodwill of ACo in the businesses transferred to BCo...
16All rights and liabilities of ACo in respect of the...
17All property, rights and liabilities of ACo in respect of...
18All property, rights and liabilities of ACo in respect of...
19All property, rights and liabilities of ACo in respect of...
20All property, rights and liabilities of ACo in respect of...
PART 3Excluded property, rights and liabilities
21All property, rights and liabilities of ACo in respect of...
22All property, rights and liabilities of ACo in respect of...
23All property, rights and liabilities of ACo in respect of...
24All property, rights and liabilities of ACo in respect of...
25All property, rights and liabilities of ACo in respect of...
26All property, rights and liabilities in respect of the leasehold...
PART 4Further provisions
27Trust accounts, &c.
28Membership of companies
SCHEDULE 2Modifications to the 2004 Regulations
SCHEDULE 3Deemed authorisation period: Part IV Permission
SCHEDULE 4Relevant regulatory permissions
1Accepting deposits.
2Advising on investments.
3Arranging deals in investments.
4Assisting in the administration and performance of a contract of...
5Dealing in investments as agent.
6Making arrangements with a view to transactions in investments.
7Dealing in investments as principal.
SCHEDULE 5Shadow directorship, &c.
1The following provisions of the 2006 Act—
2The following provisions of the Insolvency Act 1986—
3The following provisions of FSMA 2000— (a) section 96A (disclosure...

2009 No. 3226

Banks And Banking

The Northern Rock plc Transfer Order 2009

Made

Laid before Parliament

Coming into force in accordance with article 1(2)

Securities issued by Northern Rock plc, an authorised UK deposit-taker, were transferred to the Treasury Solicitor as nominee of the Treasury on 22nd February 2008 by the Northern Rock plc Transfer Order 20081.

The Treasury, in exercise of the powers conferred by sections 8(1) to (5) and 12 of, and Schedule 2 to, the Banking (Special Provisions) Act 20082, make the following Order: