{
  "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008",
  "json_url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008.json",
  "id": "uksi/2008/2546",
  "title": "The Bradford & Bingley plc Transfer of Securities and Property etc. Order 2008",
  "short_title": "Bradford & Bingley plc Transfer of Securities and Property etc. 2008",
  "long_title": "This Order is made under the Banking (Special Provisions) Act 2008 (c.2) (“the 2008 Act”) and provides for Bradford & Bingley plc (“Bradford & Bingley”) to be transferred to the Treasury (“the first transfer) and for certain property, rights and liabilities to be transferred immediately thereafter to Abbey National plc (“Abbey”).",
  "citation": "S.I. 2008/2546",
  "type": "uksi",
  "year": "2008",
  "number": "2546",
  "version": "current",
  "date": "2008-09-29",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 19,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "part/1",
      "kind": "part",
      "number": "1",
      "heading": "GENERAL",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-1",
      "extent": null,
      "status": null,
      "parent": "part/1"
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Interpretation: general",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-2",
      "extent": null,
      "status": null,
      "parent": "part/1"
    },
    {
      "path": "part/2",
      "kind": "part",
      "number": "2",
      "heading": "THE FIRST TRANSFER AND RELATED PROVISIONS",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "The first transfer",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-3",
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Registration of shares and issue of certificates",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-4",
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "Extinguishment of rights in relation to shares in Bradford & Bingley",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-5",
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "article/6",
      "kind": "article",
      "number": "6",
      "heading": "Modification of interests, rights and liabilities associated with the dated subordinated notes",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-6",
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "article/7",
      "kind": "article",
      "number": "7",
      "heading": "Modification of rights in relevant instruments",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-7",
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "part/3",
      "kind": "part",
      "number": "3",
      "heading": "MEMBERS, MEETINGS, DIRECTORS AND PROCEEDINGS",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/8",
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      "number": "8",
      "heading": "Minimum membership for carrying on business",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-8",
      "extent": null,
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    },
    {
      "path": "article/9",
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      "heading": "Resolutions and meetings",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-9",
      "extent": null,
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    },
    {
      "path": "article/10",
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      "number": "10",
      "heading": "Removal of directors",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-10",
      "extent": null,
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      "parent": "part/3"
    },
    {
      "path": "article/11",
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      "number": "11",
      "heading": "Appointment of directors",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-11",
      "extent": null,
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    },
    {
      "path": "article/12",
      "kind": "article",
      "number": "12",
      "heading": "Proceedings against directors",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-12",
      "extent": null,
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    },
    {
      "path": "article/13",
      "kind": "article",
      "number": "13",
      "heading": "Shadow directorship",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-13",
      "extent": null,
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      "parent": "part/3"
    },
    {
      "path": "part/4",
      "kind": "part",
      "number": "4",
      "heading": "DE-LISTING, APPROVAL ETC.",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/14",
      "kind": "article",
      "number": "14",
      "heading": "De-listing",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-14",
      "extent": null,
      "status": null,
      "parent": "part/4"
    },
    {
      "path": "article/15",
      "kind": "article",
      "number": "15",
      "heading": "Approved persons",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-15",
      "extent": null,
      "status": null,
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    },
    {
      "path": "part/5",
      "kind": "part",
      "number": "5",
      "heading": "THE SECOND TRANSFER",
      "url": null,
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      "parent": null
    },
    {
      "path": "article/16",
      "kind": "article",
      "number": "16",
      "heading": "The second transfer",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-16",
      "extent": null,
      "status": null,
      "parent": "part/5"
    },
    {
      "path": "article/17",
      "kind": "article",
      "number": "17",
      "heading": "Isle of Man deposits",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-17",
      "extent": null,
      "status": null,
      "parent": "part/5"
    },
    {
      "path": "article/18",
      "kind": "article",
      "number": "18",
      "heading": "No consent or concurrence required",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-18",
      "extent": null,
      "status": null,
      "parent": "part/5"
    },
    {
      "path": "article/19",
      "kind": "article",
      "number": "19",
      "heading": "Associated liability and interference",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-19",
      "extent": null,
      "status": null,
      "parent": "part/5"
    },
    {
      "path": "article/20",
      "kind": "article",
      "number": "20",
      "heading": "Termination etc. of interest or right",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-20",
      "extent": null,
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    },
    {
      "path": "article/21",
      "kind": "article",
      "number": "21",
      "heading": "Interests, rights and liabilities of third parties relating to property, rights and liabilities transferred",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-21",
      "extent": null,
      "status": null,
      "parent": "part/5"
    },
    {
      "path": "article/22",
      "kind": "article",
      "number": "22",
      "heading": "Modification of rights and liabilities transferred",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-22",
      "extent": null,
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      "parent": "part/5"
    },
    {
      "path": "article/23",
      "kind": "article",
      "number": "23",
      "heading": "Foreign property etc.",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-23",
      "extent": null,
      "status": null,
      "parent": "part/5"
    },
    {
      "path": "article/24",
      "kind": "article",
      "number": "24",
      "heading": "Subsequent transactions",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-24",
      "extent": null,
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      "parent": "part/5"
    },
    {
      "path": "article/25",
      "kind": "article",
      "number": "25",
      "heading": "Construction of documents etc.",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-25",
      "extent": null,
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      "parent": "part/5"
    },
    {
      "path": "article/26",
      "kind": "article",
      "number": "26",
      "heading": "Pensions",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-26",
      "extent": null,
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    },
    {
      "path": "article/27",
      "kind": "article",
      "number": "27",
      "heading": "Employees",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-27",
      "extent": null,
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      "parent": "part/5"
    },
    {
      "path": "part/6",
      "kind": "part",
      "number": "6",
      "heading": "FINANCIAL SERVICES COMPENSATION SCHEME",
      "url": null,
      "extent": null,
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      "parent": null
    },
    {
      "path": "article/28",
      "kind": "article",
      "number": "28",
      "heading": "Sums to be paid to Abbey following the second transfer",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-28",
      "extent": null,
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    },
    {
      "path": "article/29",
      "kind": "article",
      "number": "29",
      "heading": "Payment to Abbey to constitute payment of compensation for the purposes of the Financial Services Compensation Scheme",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-29",
      "extent": null,
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    {
      "path": "article/30",
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      "heading": "Liability of Bradford & Bingley to the FSCS and the Treasury",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-30",
      "extent": null,
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    {
      "path": "article/31",
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      "heading": "Co-operation with the FSCS",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-31",
      "extent": null,
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    },
    {
      "path": "article/32",
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      "number": "32",
      "heading": "Statutory immunity",
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      "extent": null,
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    },
    {
      "path": "part/7",
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      "heading": "TRANSITIONAL PROVISIONS",
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    },
    {
      "path": "article/33",
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      "heading": "Services and facilities",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-33",
      "extent": null,
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    },
    {
      "path": "article/34",
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      "heading": "Use of the Bradford & Bingley brand by Abbey",
      "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-34",
      "extent": null,
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      "path": "article/35",
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      "heading": "Termination etc. of interest or right",
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    {
      "path": "article/36",
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      "heading": "Provision of information",
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    {
      "path": "part/8",
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      "path": "article/37",
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      "heading": "Modification to Authority’s rule-making power",
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      "path": "article/38",
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    {
      "path": "article/39",
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      "heading": "Modification of provision on liability in relation to operator’s functions",
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      "extent": null,
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    {
      "path": "article/40",
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      "number": "40",
      "heading": "Enterprise Act 2002",
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      "path": "article/41",
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      "heading": "Freedom of information",
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      "path": "article/42",
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      "heading": "Notification requirement",
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    {
      "path": "signature",
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    {
      "path": "schedule/1",
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    {
      "path": "schedule/1/paragraph/3",
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    {
      "path": "schedule/1/paragraph/4",
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    {
      "path": "schedule/2",
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      "number": "2",
      "heading": "PROPERTY, RIGHTS AND LIABILITIES OF BRADFORD & BINGLEY TRANSFERRED TO ABBEY",
      "url": null,
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      "path": "schedule/2/paragraph/1",
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    {
      "path": "schedule/2/paragraph/4",
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    {
      "path": "schedule/2/paragraph/5",
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    {
      "path": "schedule/3",
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      "heading": "PENSIONS",
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    },
    {
      "path": "schedule/3/paragraph/1",
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