# The Bradford & Bingley plc Transfer of Securities and Property etc. Order 2008, Paragraph 7


(1) Following the segregation time Bradford & Bingley International shall have no liability, including any liability arising by virtue of sections 38 and 43 of the Pensions Act 2004, with regard to the liabilities of any part of the pension scheme (other than the international section) by reason of any fact, matter or circumstance occurring or existing prior to the second transfer time and accordingly no proceedings may be brought in respect of such matters.
(2) The Treasury may in writing—
(a) disapply sub-paragraph (1); and
(b) give consent to bring such proceedings.

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Source: https://www.legislation.gov.uk/uksi/2008/2546/schedule/3/paragraph/7 (the official version)
Page: https://openlegislation.uk/bradford-bingley-plc-transfer-of-securities-and-property-etc-order-2008/schedule-3/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.