UK Statutory Instrument
2008
United Kingdom
The Kaupthing Singer & Friedlander Limited Transfer of Certain Rights and Liabilities Order 2008
At a glance
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Browse 39 other sections — procedural / definitional / commencement
Information technology services or facilities.
Back office processing services or facilities.
Call centre services or facilities.
Payment and clearing services or facilities.
Citation and commencement
Interpretation
The first transfer
No consent or concurrence required
Associated liability and interference
Interests, rights and liabilities of third parties relating to transferred rights and liabilities
Exemption of Deposits Management (Edge)
The second transfer
Provision of information and assistance
No consent or concurrence required
Associated liability and interference
Interests, rights and liabilities of third parties relating to transferred rights and liabilities
Application of Part 3
Sums to be paid to ING following the second transfer
Payment to ING to constitute payment of compensation for the purposes of the Financial Services Compensation Scheme
Liability of Kaupthing to the FSCS and the Treasury
FSCS’s power to require information
Statutory immunity
Application of this Part
The administration
Objectives etc. of the administrator
Insolvency Act and Insolvency Rules etc.
Services and facilities
Use of the Kaupthing brand
Compensation payable to Kaupthing
Continuity
Moratorium on payment to related companies
Construction of documents etc.
Modification to Authority’s rule-making power
Modification to Authority’s duty to consult on rule changes
Freedom of information
Proceedings against directors
Immunity of Bank
Transfer of data
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