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7 (1) | An order under section 6 may make provision— |
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(a) | for the transferee to be treated for any purpose connected with the |
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transfer as the same person in law as the relevant deposit-taker; |
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(b) | for agreements made or other things done by or in relation to any |
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relevant deposit-taker to be treated as made or done by or in relation |
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(c) | for references in instruments or documents to the relevant deposit- |
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taker, to any combination of bodies that includes that deposit-taker, |
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or to any officer or employee of that deposit-taker, to have effect with |
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(d) | for securing continuity of employment in the case of contracts of |
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employment transferred by or under the order; |
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(e) | for anything (including legal proceedings) that relates to anything |
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transferred by or under the order, and is in the process of being done |
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by or in relation to the relevant deposit-taker immediately before it |
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is transferred, to be continued by or in relation to the transferee. |
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(2) | In sub-paragraph (1)(b), (c) and (e) any reference to the relevant deposit- |
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taker includes a reference to any of its group undertakings. |
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(3) | An order under section 6 may require the relevant deposit-taker to provide |
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the transferee with such information and other assistance as is specified. |
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(4) | An order under section 6 may make provision for disputes as to specified |
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matters arising under or by virtue of an order under that section to be |
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determined in the specified manner. |
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“the relevant deposit-taker”, in relation to an order under section 6, |
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means the authorised UK deposit-taker in relation to which the order |
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“specified purposes” include the purposes of any specified statutory |
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“the transferee” means the person to whom property, rights or |
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liabilities are transferred by or under an order under section 6; |
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“the transfer date” means (subject to sub-paragraph (2)) the date on |
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which such a transfer takes place. |
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(2) | If provision is made by or under an order under section 6 for any transfer to |
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take place at a particular time on a particular date, then in relation to that |
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(a) | references to the transfer date are to that time on that date; and |
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(b) | references to things occurring before or on or after the transfer date |
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are references to things occurring before or at or after that time on |
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(3) | In this Schedule any reference to anything transferred by or under a |
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particular order under section 6 includes a reference to anything transferred |
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by or under any other order under that section. |
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