# The Amendments to Law (Resolution of Dunfermline Building Society) (No. 2) Order 2009, Introduction: Introductory text


Draft Order laid before Parliament under section 75(7)(b) of the Banking Act 2009, for approval by resolution of each House of Parliament.
Building Societies
Made ***
Coming into force in accordance with article 1(2)
This Order is made in exercise of the powers conferred by section 75 (as applied by section 84) and section 259(1) of the Banking Act 2009.
This Order is made for the purpose of enabling the powers of Part 1 of that Act to be used effectively, by amending provisions of the Dunfermline Building Society Property Transfer Instrument 2009 (“the Property Transfer Instrument”) made by the Bank of England in connection with the resolution of Dunfermline Building Society.
In accordance with section 75(1) of that Act, the Treasury have had regard to the special resolution objectives.
In accordance with section 75(3) of that Act, the Treasury consider it necessary and desirable to make this Order with retrospective effect such that the amendments have effect from the time the Property Transfer Instrument came into force, and in so doing the Treasury have had regard to the fact that it is in the public interest to avoid retrospective legislation.
Accordingly, the Treasury make the following Order:

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111480328/introduction (the official version)
Page: https://openlegislation.uk/draft-amendments-to-law-resolution-of-dunfermline-building-society-no-2-order-2009/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

