{
  "url": "https://openlegislation.uk/draft-dunfermline-building-society-compensation-scheme-resolution-fund-and-third-party-compensation-order-2009/schedule-2/paragraph-2",
  "json_url": "https://openlegislation.uk/draft-dunfermline-building-society-compensation-scheme-resolution-fund-and-third-party-compensation-order-2009/schedule-2/paragraph-2.json",
  "legislation": "ukdsi/2009/9780111480731",
  "legislation_title": "The Dunfermline Building Society Compensation Scheme, Resolution Fund and Third Party Compensation Order 2009",
  "legislation_url": "https://openlegislation.uk/draft-dunfermline-building-society-compensation-scheme-resolution-fund-and-third-party-compensation-order-2009",
  "path": "schedule/2/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": "Interpretation",
  "text": "In this Schedule—\n“actual treatment” means the treatment pre-transfer creditors have received, are receiving or are likely to receive if no (or no further) compensation is paid;\n“assessment notice” means a notice issued by the independent valuer in accordance with paragraph 4 or 10 of this Schedule;\n“insolvency treatment” means the treatment which pre-transfer creditors would have received had Dunfermline entered insolvency immediately before the relevant time;\n“relevant time” means 8am on 30 March 2009, which is the time the Transfer Instrument came into force;\n“remaining creditors” has the meaning given in paragraph 5(b);\n“transferred creditors” has the meaning given in paragraph 5(a).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "See section 60(3) of the Act."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2009/9780111480731/schedule/2/paragraph/2",
    "retrieved_at": "2026-10-30T14:57:06.895579+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."
}