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