xmlns:atom="http://www.w3.org/2005/Atom"

  1. Introductory Text

  2. PART 1 GENERAL

    1. 1.Citation and commencement

    2. 2.Interpretation

  3. PART 2 THE TRANSFER

    1. 3.The transfer, &c.

    2. 4.No consent or concurrence required

    3. 5.Associated liability and interference

  4. PART 3 MISCELLANEOUS AND TRANSITIONAL PROVISIONS

    1. 6.Third party rights, &c.: general

    2. 7.Third party rights, &c.: relevant arrangements

    3. 8.2004 Regulations

    4. 9.Authorisation: permission to carry on regulated activities

    5. 10.Authorisation: controlled functions

    6. 11.Construction of documents

    7. 12.Employees

    8. 13.Modifications to relevant arrangements relating to certain regulatory permissions, &c.

    9. 14.Transitional provision: third party services or facilities

    10. 15.Transitional provision: ACo services or facilities

    11. 16.Transitional provision: Bacs schemes

    12. 17.Transitional provision: receipt of certain payments by BCo

    13. 18.Shadow directorship, &c.

    14. 19.Freedom of information

    15. 20.Modification to FSA’s rule-making power

    16. 21.Modification to FSA’s duty to consult on rule changes

    17. 22.Modification instruments

  5. Signature

    1. SCHEDULE 1

      Business, &c. transferred from ACo to BCo

      1. PART 1 Interpretation

        1. 1.Interpretation

      2. PART 2 Property, rights and liabilities to be transferred (other than excluded property, rights and liabilities)

        1. 2.All property, rights and liabilities of ACo in respect of...

        2. 3.All property, rights and liabilities of ACo in respect of...

        3. 4.All rights and liabilities of ACo in respect of the...

        4. 5.All property, rights and liabilities of ACo in respect of...

        5. 6.All property, rights and liabilities of ACo in respect of...

        6. 7.All property, rights and liabilities of ACo in respect of...

        7. 8.All property, rights and liabilities of ACo in respect of...

        8. 9.All property, rights and liabilities of ACo in respect of...

        9. 10.All property, rights and liabilities of ACo—

        10. 11.All property, rights and liabilities of ACo in respect of...

        11. 12.All property, rights and liabilities of ACo in respect of...

        12. 13.All personal or moveable property of ACo other than—

        13. 14.All property and rights in— (a) the ACo brand, and...

        14. 15.The goodwill of ACo in the businesses transferred to BCo...

        15. 16.All rights and liabilities of ACo in respect of the...

        16. 17.All property, rights and liabilities of ACo in respect of...

        17. 18.All property, rights and liabilities of ACo in respect of...

        18. 19.All property, rights and liabilities of ACo in respect of...

        19. 20.All property, rights and liabilities of ACo in respect of...

      3. PART 3 Excluded property, rights and liabilities

        1. 21.All property, rights and liabilities of ACo in respect of...

        2. 22.All property, rights and liabilities of ACo in respect of...

        3. 23.All property, rights and liabilities of ACo in respect of...

        4. 24.All property, rights and liabilities of ACo in respect of...

        5. 25.All property, rights and liabilities of ACo in respect of...

        6. 26.All property, rights and liabilities in respect of the leasehold...

      4. PART 4 Further provisions

        1. 27.Trust accounts, &c.

        2. 28.Membership of companies

    2. SCHEDULE 2

      Modifications to the 2004 Regulations

    3. SCHEDULE 3

      Deemed authorisation period: Part IV Permission

    4. SCHEDULE 4

      Relevant regulatory permissions

      1. 1.Accepting deposits.

      2. 2.Advising on investments.

      3. 3.Arranging deals in investments.

      4. 4.Assisting in the administration and performance of a contract of...

      5. 5.Dealing in investments as agent.

      6. 6.Making arrangements with a view to transactions in investments.

      7. 7.Dealing in investments as principal.

    5. SCHEDULE 5

      Shadow directorship, &c.

      1. 1.The following provisions of the 2006 Act—

      2. 2.The following provisions of the Insolvency Act 1986—

      3. 3.The following provisions of FSMA 2000— (a) section 96A (disclosure...

  7. Explanatory Note