# The Northern Rock plc Transfer Order 2008, Introduction: Introductory text

Extent: E+W+S+N.I.

BANKS AND BANKING
Made 21st February 2008
Laid before Parliament 21st February 2008
Coming into force 22nd February 2008
It appears to the Treasury to be desirable to make this Order for the following purpose:
to 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.
The 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:

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Source: https://www.legislation.gov.uk/uksi/2008/432/introduction (the official version)
Page: https://openlegislation.uk/northern-rock-plc-transfer-order-2008/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.