{
  "url": "https://openlegislation.uk/nram-plc-formerly-northern-rock-plc-consequential-and-supplementary-provisions-order-2016/introduction",
  "json_url": "https://openlegislation.uk/nram-plc-formerly-northern-rock-plc-consequential-and-supplementary-provisions-order-2016/introduction.json",
  "legislation": "uksi/2016/114",
  "legislation_title": "The NRAM plc (formerly Northern Rock plc) Consequential and Supplementary Provisions Order 2016",
  "legislation_url": "https://openlegislation.uk/nram-plc-formerly-northern-rock-plc-consequential-and-supplementary-provisions-order-2016",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "Banks And Banking\nMade 3rd February 2016\nLaid before Parliament 5th February 2016\nComing into force in accordance with article 1\nSecurities issued by Northern Rock plc, an authorised UK deposit-taker, were transferred to the Treasury Solicitor as nominee of the Treasury on 22nd February 2008 by the Northern Rock plc Transfer Order 2008.\nNorthern Rock plc was renamed Northern Rock (Asset Management) plc on 31st December 2009 and subsequently renamed NRAM plc on 15th May 2014.\nCertain of NRAM plc’s securities, property, rights and liabilities are to be transferred by agreement to a specified person, NRAM (No. 1) Limited, which is a company wholly owned by the Treasury.\nThe Treasury, in exercise of the powers conferred by sections 8(1), (2)(a) and (c) and (5)(a) and 12(1), (2) and (3) of, and paragraph 7 of Schedule 1 to, the Banking (Special Provisions) Act 2008, make the following Order:",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2008/432."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "2008 c. 2."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2016/114/introduction",
    "retrieved_at": "2026-10-28T23:27:52.218358+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."
}