There are currently no known outstanding effects for the Banking (Special Provisions) Act 2008, Cross Heading: Conversion of form in which securities held etc..
2(1)An order under section 3 may make provision—U.K.
(a)for securities held in one form to be converted, in the specified manner, from that form into another specified form;
(b)for converting a specified class of securities into securities of another specified class;
(c)for matters consequential on any such conversion as is mentioned in paragraph (a) or (b).
(2)Sub-paragraph (1) applies to securities issued by the relevant deposit-taker, whether or not transferred by an order under section 3.
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