# HBOS Group Reorganisation Act 2006, Section 23: Transfer of the Society


(1) The directors of CMIG may appoint a day to be the appointed day for the undertaking of the Society for the purposes of this Part.
(2) Where a day is appointed under subsection (1) above the provisions of this Part set out in subsection (3) shall apply as if—
(a) the day had been appointed under section 9 (appointed day) above;
(b) references in the provisions to the appointed undertaking were references to the undertaking of the Society;
(c) references in the provisions to the transferor company or transferor companies were references to the Society; and
(d) references in the provisions to the Bank were references to CMIG.
(3) The provisions referred to in subsection (2) are—
Section 9(3) and (4);
Sections 10 and 11;
Section 12(1) to (6) and (8) to (23);
Section 13;
Sections 14 and 15 (save that references to the financial year of the Bank shall be treated as references to a financial year determined in accordance with the provisions of section 223 of the 1985 Act); and
Sections 16 to 19 and 21.
(4) On the day appointed under subsection (1) above—
(a) the Society shall be dissolved; and
(b) the enactments set out in Part 2 of Schedule 2 shall be repealed.

---
Source: https://www.legislation.gov.uk/ukla/2006/1/section/23 (the official version)
Page: https://openlegislation.uk/hbos-group-reorganisation-act-2006/section-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

