# The Dunfermline Building Society Compensation Scheme, Resolution Fund and Third Party Compensation Order 2009, Paragraph 2: Interpretation


In this Schedule—
“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;
“assessment notice” means a notice issued by the independent valuer in accordance with paragraph 4 or 10 of this Schedule;
“insolvency treatment” means the treatment which pre-transfer creditors would have received had Dunfermline entered insolvency immediately before the relevant time;
“relevant time” means 8am on 30 March 2009, which is the time the Transfer Instrument came into force;
“remaining creditors” has the meaning given in paragraph 5(b);
“transferred creditors” has the meaning given in paragraph 5(a).

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111480731/schedule/2/paragraph/2 (the official version)
Page: https://openlegislation.uk/draft-dunfermline-building-society-compensation-scheme-resolution-fund-and-third-party-compensation-order-2009/schedule-2/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.