# The Bradford & Bingley plc Transfer of Securities and Property etc. Order 2008, Paragraph 2


The liabilities of the international section shall be—
(a) the liabilities of the pension scheme existing at the segregation time that are attributable to pensionable service with Bradford & Bingley International including any liabilities attributable to a transfer received by the pension scheme during that pensionable service; and
(b) any liabilities arising after the segregation time by reason of—
(i) the continued pensionable service of the active members referred to in paragraph 1(b); or
(ii) the admission of new members after the segregation time in accordance with the terms of the international section from time to time.

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Source: https://www.legislation.gov.uk/uksi/2008/2546/schedule/3/paragraph/2 (the official version)
Page: https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/schedule-3/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.