PART 3Excluded property, rights and liabilities
21. All property, rights and liabilities of ACo in respect of the wholesale funding arrangements.
22. All property, rights and liabilities of ACo in respect of the group bank accounts.
23. All property, rights and liabilities of ACo in respect of the retained arrangements.
24. All property, rights and liabilities of ACo in respect of the trust account contract.
25. All property, rights and liabilities of ACo in respect of any amounts outstanding on any intercompany account between ACo and any group undertaking of ACo (other than Northern Rock (Guernsey) Limited) as at the transfer time.
26. All property, rights and liabilities in respect of the leasehold property of ACo in respect of the Irish branch.