{
  "url": "https://openlegislation.uk/northern-rock-plc-compensation-scheme-order-2008/schedule/paragraph-12",
  "json_url": "https://openlegislation.uk/northern-rock-plc-compensation-scheme-order-2008/schedule/paragraph-12.json",
  "legislation": "uksi/2008/718",
  "legislation_title": "The Northern Rock plc Compensation Scheme Order 2008",
  "legislation_url": "https://openlegislation.uk/northern-rock-plc-compensation-scheme-order-2008",
  "path": "schedule/paragraph/12",
  "kind": "paragraph",
  "number": "12",
  "heading": "Reconsideration of assessment notice",
  "text": "(1) If —\n(a) the Treasury; or\n(b) any person who is affected by the determination of the amount of any compensation which is contained in an assessment notice,\nare dissatisfied with the assessment notice, the Treasury or any such person may require the valuer to reconsider his or her determination.\n(2) Where the valuer is required to reconsider his or her determination in accordance with sub-paragraph (1) he or she shall issue a revised assessment notice.\n(3) A revised assessment notice shall contain the following information—\n(a) the date on which the notice is issued;\n(b) either—\n(i) notification that the valuer has upheld the assessment notice; or\n(ii) notification that the valuer has varied the assessment notice;\n(c) the amount of any compensation determined by the valuer as being payable; and\n(d) the reasons for the valuer’s decision.\n(4) The valuer shall send a copy of the revised assessment notice to the Treasury.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
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    {
      "type": "words omitted",
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      "affecting_title": "The Transfer of Tribunal Functions Order 2010"
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      "affecting_title": "The Transfer of Tribunal Functions Order 2010"
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      "affecting_title": "The Transfer of Tribunal Functions Order 2010"
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    {
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    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/718/schedule/paragraph/12",
    "retrieved_at": "2026-10-29T03:33:36.375590+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."
}