Английская Википедия:Banking (Special Provisions) Act 2008

Материал из Онлайн справочника
Перейти к навигацииПерейти к поиску

Шаблон:Use dmy dates Шаблон:Infobox UK legislation

The Banking (Special Provisions) Act 2008 (c. 2) is an Act of the Parliament of the United Kingdom that entered into force on the 21 February 2008 in order to enable the UK government to nationalise high-street banks under emergency circumstances by secondary legislation. The Act was introduced in order to nationalise the failing bank Northern Rock after the bank was supported by Bank of England credit and a private-sector solution was deemed "not to provide sufficient value for the taxpayer" by the UK government.

Opposition to the Act by the Conservatives was based on: the Bill providing an exemption to the Freedom of Information Act 2000, the large liabilities to the taxpayer and the alleged lack of independence from the government. The Bill was also sufficiently widely drawn to allow the nationalisation of any financial institution, leading to the concern that other banks might be in financial difficulty.[1]

After the nationalisation of Northern Rock, the Act allowed for the nationalisation of the mortgage and personal loan book of Bradford & Bingley on 29 September 2008.[2]

On 8 October 2008, the Treasury announced that an order under the Act was being used to transfer all retail deposits with Heritable Bank, a UK-based banking subsidiary of the failing Icelandic bank Landsbanki, and Kaupthing Edge to ING Direct.[3] However section 2(8) of the Act provides that the Treasury may only make Transfer Orders under the Act for a maximum of a year after its passage.[4] The Act therefore expired on 21 February 2009, when it was superseded by the Banking Act 2009.

List of banks acquired/transferred under the act

Bank Action taken Date Refs
Northern Rock Nationalised 21 February 2008 [5]
Bradford & Bingley Mortgage assets nationalised; savings deposits and branch network transferred to Abbey, a UK subsidiary of Grupo Santander 29 September 2008 [2][6]
Heritable Bank (subsidiary of Landsbanki of Iceland) Transferred to ING Direct 7 October 2008 [3][7][8]
Kaupthing Edge (division of Kaupthing Singer & Friedlander) Transferred to ING Direct 8 October 2008 [3][9]

See also

Шаблон:Portal

References

Шаблон:Reflist

External links

Шаблон:UK legislation Шаблон:2008 economic crisis Шаблон:Authority control

Партнерские ресурсы
Криптовалюты
Магазины
Хостинг
Разное

  1. ↑ Alistair Darling accused of Northern Rock Freedom of Information cover-up The Daily Telegraph 20 February 2008. Retrieved: 21 February 2008.
  2. ↑ 2,0 2,1 Шаблон:Cite news
  3. ↑ 3,0 3,1 3,2 Шаблон:Cite news
  4. ↑ The Banking (Special Provisions) Act 2008, section 2
  5. ↑ The Northern Rock plc Transfer Order 2008 (SI 2008/432). Made on 21 February 2008.
  6. ↑ The Bradford & Bingley plc Transfer of Securities and Property etc. Order 2008 (SI 2008/2546). Made at 7.40 a.m. on 29 September 2008.
  7. ↑ The Heritable Bank plc Transfer of Certain Rights and Liabilities Order 2008 (SI 2008/2644). Made at 9.27 a.m. on 7 October 2008.
  8. ↑ The Transfer of Rights and Liabilities to ING Order 2008 (SI 2008/2666). Made at 10.00 a.m. on 8 October 2008.
  9. ↑ The Kaupthing Singer & Friedlander Limited Transfer of Certain Rights and Liabilities Order 2008 (SI 2008/2674). Made at 12.05 p.m. on 8 October 2008.
Источник — http://wikihandbk.com/ruwiki/index.php?title=Английская_Википедия:Banking_(Special_Provisions)_Act_2008&oldid=13390033