# The Northern Rock plc Compensation Scheme Order 2008, Paragraph 6: Valuation assumptions


In determining the amount of any compensation payable by the Treasury to any person in accordance with paragraphs 3 to 5, it must be assumed (in addition to the assumptions required to be made by section 5(4) of the Act (compensation etc. for securities transferred etc.)) that Northern Rock —
(a) is unable to continue as a going concern; and
(b) is in administration.

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Source: https://www.legislation.gov.uk/ukdsi/2008/9780110810058/schedule/paragraph/6 (the official version)
Page: https://openlegislation.uk/draft-northern-rock-plc-compensation-scheme-order-2008/schedule/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.