The Heritable Bank plc (Determination of Compensation) Order 2008

This section has no associated Explanatory Memorandum

2.—(1) The amount of any compensation payable by the Treasury to Heritable in respect of the rights and liabilities transferred by the Heritable Bank plc Transfer of Certain Rights and Liabilities Order 2008(1) is determined as nil.

(2) In paragraph (1) “Heritable” means Heritable Bank plc, company registered in Scotland number SC000717.