UK Statutory Instrument SI 2008/3249 United Kingdom

The Bradford & Bingley plc Compensation Scheme Order 2008

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Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Plus 2 duties on the regulator, Crown ministers and public bodies — folded into the section list below.

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

sch. para. 11 Reconsideration of assessment notice Regulated
Other duties (1) — Crown / regulator
  • Independent valuer must reconsider compensation and issue a revised notice if askedCrown / Minister / Government department
sch. para. 8 Appointment of staff Regulated
Other duties (1) — Crown / regulator
  • Valuer must determine staff remuneration and conditions with Treasury approvalCrown / Minister / Government department
27 other provisions — procedural and definitional
sch. para. 10 Assessment notice
sch. para. 6 Appointment of independent valuer
s.001 Citation (opens in a new tab)
s.002 Interpretation (opens in a new tab)
s.003 Transfer of (opens in a new tab)
s.004 Extinguishment of subscription rights (opens in a new tab)
s.005 Modification of interests, rights and liabilities in relevant instruments (opens in a new tab)
s.007 Remuneration (opens in a new tab)
s.009 Procedure (opens in a new tab)
s.012 Right to refer to (opens in a new tab)
s.013 Payment of compensation (opens in a new tab)
s.014 Application of (opens in a new tab)
s.015 Modification of FSMA 2000 (opens in a new tab)
s.016 In section 133 (proceedings: general provisions) and Schedule 13, for... (opens in a new tab)
s.017 In section 133— (i) in subsection (1)(a) for “the decision... (opens in a new tab)
s.018 Omit sections 134 to 136. (opens in a new tab)
s.019 Modification of Financial Services and Markets Tribunal Rules 2001 (opens in a new tab)
s.020 In each place where it occurs (other than in rule... (opens in a new tab)
s.021 In rule 2 (interpretation)— (a) omit the definitions for “the... (opens in a new tab)
s.022 In rule 4(6) (reference notice) omit “, a direction under... (opens in a new tab)
s.023 In rule 5 (Authority’s statement of case)— (opens in a new tab)
s.024 Omit rules 6 (applicant’s reply), 7 (secondary disclosure by the... (opens in a new tab)
s.025 In rule 10 (particular types of directions) omit paragraphs (1)(e),... (opens in a new tab)
s.026 After rule 10 (particular types of directions) insert— Same issues... (opens in a new tab)
s.027 In rule 19(3) (procedure at hearings) omit “when taking the... (opens in a new tab)
s.art001 (1) This Order may be cited as the Bradford &...
s.art002 The Bradford & Bingley plc Compensation Scheme set out in...

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.