# The Transfer of Rights and Liabilities to ING Order 2008, Introduction: Introductory text


BANKS AND BANKING
Made 10.00 a.m. on 8th October 2008
Laid before Parliament 12.00 noon. on 8th October 2008
Coming into force - 10.10 a.m. on 8th October 2008
It appears to the Treasury to be desirable to make this Order for the following purpose:
maintaining the stability of the UK financial system in circumstances where the Treasury consider that there would be a serious threat to its stability if the Order were not made.
The Treasury, in exercise of the powers conferred by sections 6, 8, 12 and 13(2) of, and Schedule 2 to, the Banking (Special Provisions) Act 2008, make the following Order:

---
Source: https://www.legislation.gov.uk/uksi/2008/2666/introduction (the official version)
Page: https://openlegislation.uk/transfer-of-rights-and-liabilities-to-ing-order-2008/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.