{
  "url": "https://openlegislation.uk/northern-rock-plc-transfer-order-2009/article-3",
  "json_url": "https://openlegislation.uk/northern-rock-plc-transfer-order-2009/article-3.json",
  "legislation": "uksi/2009/3226",
  "legislation_title": "The Northern Rock plc Transfer Order 2009",
  "legislation_url": "https://openlegislation.uk/northern-rock-plc-transfer-order-2009",
  "path": "article/3",
  "kind": "article",
  "number": "3",
  "heading": "The transfer, &c.",
  "text": "(1) All the property, rights and liabilities specified in or by virtue of Part 2 of Schedule 1 are transferred to BCo at the transfer time other than the excluded property, rights and liabilities.\n(2) The excluded property, rights and liabilities are specified in or by virtue of Part 3 of Schedule 1.\n(3) The transfer time is immediately after the time at which this article comes into force.\n(4) ACo is liable to pay BCo the sum of £8,581,000,000 by the end of 4th January 2010.\n(5) Parts 1 (interpretation) and 4 (further provisions) of Schedule 1 have effect.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2009/3226/article/3",
    "retrieved_at": "2026-10-29T02:59:15.131264+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."
}