# The Northern Rock plc Transfer Order 2009, Article 13: Modifications to relevant arrangements relating to certain regulatory permissions, &c.


(1) The provisions of relevant arrangements specified in paragraph (2) have no effect.
(2) The provisions are—
(a) any provision requiring ACo to hold, or represent or warrant that it holds, a relevant regulatory permission, or
(b) any provision which provides for any default event consequence, should ACo cease to hold a relevant regulatory permission or should any relevant regulatory permission of ACo be varied.
(3) A “relevant regulatory permission” means a regulatory permission to carry out a regulated activity specified in Schedule 4.

---
Source: https://www.legislation.gov.uk/uksi/2009/3226/article/13 (the official version)
Page: https://openlegislation.uk/northern-rock-plc-transfer-order-2009/article-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.