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Statutory Instruments

2008 No. 3250

Banks And Banking

The Kaupthing Singer & Friedlander Limited (Determination of Compensation) Order 2008

Made

18th December 2008

Coming into force in accordance with article 1(2)

This Order is made in exercise of the powers conferred by section 7(1)(a) of the Banking (Special Provisions) Act 2008( 1 ).

A draft of this Order has been laid before Parliament in accordance with section 13(3) of that Act and approved by a resolution of each House of Parliament.

Accordingly, the Treasury make the following Order:

1. —(1) This Order may be cited as the Kaupthing Singer & Friedlander Limited (Determination of Compensation) Order 2008.

(2) This Order comes into force on the day after the day on which it is made.

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

(2) In paragraph (1) “Kaupthing” means Kaupthing Singer & Friedlander Limited, company registered number 875947.

Frank Roy

Dave Watts

Two of the Lords Commissioners of Her Majesty’s Treasury

18th December 2008

( 1 )

2008 c. 2 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Kaupthing Singer & Friedlander Limited (Determination of Compensation) Order 2008 (2008/3250)
Version from: original only

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in force Provision is in force
in force* In force only for specified purposes (see footnote)
not in force Not in force in England (may be in force in other geographies, see footnotes)
defined term Defined term
dfn Defined term (alternative style)
footnote commentary transitional and savings in force status related provisions geo extent insert/omit source count in force adj
Defined Term Section/Article ID Scope of Application
Kaupthing Unknown def_1e455d143d

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