{
  "url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-5",
  "json_url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/article-5.json",
  "legislation": "uksi/2008/2546",
  "legislation_title": "The Bradford & Bingley plc Transfer of Securities and Property etc. Order 2008",
  "legislation_url": "https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008",
  "path": "article/5",
  "kind": "article",
  "number": "5",
  "heading": "Extinguishment of rights in relation to shares in Bradford & Bingley",
  "text": "By virtue of this Order, with effect from the first transfer time, any right or entitlement of a person to receive shares in Bradford & Bingley (whether by subscription, conversion or otherwise) is extinguished if the right or entitlement was granted by—\n(a) a relevant undertaking; or\n(b) a person not within sub-paragraph (a) and is enjoyed by reason of or in connection with—\n(i) any person’s office or employment with a relevant undertaking; or\n(ii) the services provided by any person to a relevant undertaking.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/2546/article/5",
    "retrieved_at": "2026-10-29T03:24:14.861293+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}