8 Further transfers following transfer to public sector
Banking (Special Provisions) Act 2008 (2008 c 2) | Legislation

Further transfers

8  Further transfers following transfer to public sector

(1)     Subsection (2) applies where any securities issued by an authorised UK deposit-taker have been transferred to a person within section 3(1)(a) to (c) by an order under section 3.

(2)     In such a case the Treasury may by order make provision for or in connection with, or in consequence of, the transfer to a specified person of any of the following—

(a)     any of the securities transferred as mentioned in subsection (1);

(b)     any securities issued by the deposit-taker at any time after the transfer mentioned in that subsection;

(c)     any

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