# Banking (Special Provisions) Act 2008, Paragraph 2


(1) An order under section 3 may make provision—
(a) for securities held in one form to be converted, in the specified manner, from that form into another specified form;
(b) for converting a specified class of securities into securities of another specified class;
(c) for matters consequential on any such conversion as is mentioned in paragraph (a) or (b).
(2) Sub-paragraph (1) applies to securities issued by the relevant deposit-taker, whether or not transferred by an order under section 3.

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Source: https://www.legislation.gov.uk/ukpga/2008/2/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/banking-special-provisions-act-2008/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.