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Session 2001- 02
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HSBC Investment Banking Bill [HL]
 

EXPLANATORY MEMORANDUM


CONTENTS

1 Short title
2 Interpretation
3 Allocation of property etc. to Private Banking Business
4 Appointed day
5 Transfer to HSBC Bank plc and HSBC Republic Bank (UK) Limited
6 Provisions as to trust property and wills
7 Supplementary provisions as to transfer
8 Office-holders
9 Retirement benefits schemes
10 Evidence of transfer
11 Dissolution of HSBC Investment Bank plc
12 Evidence: documents
13 Application of Bankers' Books Evidence Act 1879
14 Savings in respect of transfers of property
15 Application to Scotland and Northern Ireland
16 Costs of Act
 

 
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Prepared 28 March 2002