# The Silicon Valley Bank UK Limited Compensation Scheme Order 2024, Article 2: Determination of amount of compensation


The amount of compensation payable by the Treasury to persons who held shares in Silicon Valley Bank UK Limited immediately before those shares were transferred by the Silicon Valley Bank UK Limited Mandatory Reduction and Share Transfer Instrument 2023 is determined as nil.

---
Source: https://www.legislation.gov.uk/ukdsi/2024/9780348265217/article/2 (the official version)
Page: https://openlegislation.uk/draft-silicon-valley-bank-uk-limited-compensation-scheme-order-2024/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.