{
  "url": "https://openlegislation.uk/northern-rock-plc-transfer-order-2008/introduction",
  "json_url": "https://openlegislation.uk/northern-rock-plc-transfer-order-2008/introduction.json",
  "legislation": "uksi/2008/432",
  "legislation_title": "The Northern Rock plc Transfer Order 2008",
  "legislation_url": "https://openlegislation.uk/northern-rock-plc-transfer-order-2008",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "BANKS AND BANKING\nMade 21st February 2008\nLaid before Parliament 21st February 2008\nComing into force 22nd February 2008\nIt appears to the Treasury to be desirable to make this Order for the following purpose:\nto protect the public interest, in circumstances where the Treasury have provided financial assistance to Northern Rock plc, being an authorised UK deposit-taker, for the purpose of maintaining the stability of the UK financial system.\nThe Treasury, in exercise of the powers conferred by sections 3, 4, 12 and 13(2) of the Banking (Special Provisions) Act 2008, make the following Order:",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "For the meaning of “financial assistance”, see sections 2 and 15(1) of the Banking (Special Provisions) Act 2008."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "The expression “authorised UK deposit-taker” is defined in section 1 of the Banking (Special Provisions) Act 2008."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "2008 c. 2."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/432/introduction",
    "retrieved_at": "2026-10-29T03:36:14.282889+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."
}