HBOS Group Reorganisation Act 2006
| Act of Parliament | |
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| Long title | An Act to make new provision for the regulation and management of the Governor and Company of the Bank of Scotland upon its registration as a public company under the Companies Act 1985; to provide for the transfer of the undertakings of Capital Bank plc, Halifax plc and HBOS Treasury Services plc to the Governor and Company of the Bank of Scotland; to provide for the transfer of the assets of the Clerical, Medical and General Life Assurance Society to Clerical Medical Investment Group Limited; and for connected purposes. |
|---|---|
| Citation | 2006 c. i |
| Introduced by | Local act |
| Dates | |
| Royal assent | 21 June 2006 |
| Commencement | 17 September 2007 |
| Other legislation | |
| Repeals/revokes | |
Status: Current legislation | |
| Text of the HBOS Group Reorganisation Act 2006 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk. | |
The HBOS Group Reorganisation Act 2006 (c. i) is a local act of Parliament, passed by the Parliament of the United Kingdom in June 2006. The aim of the act was to provide HBOS plc, a banking and insurance group in the UK, the legal authority to reorganise its subsidiaries into a simplified structure. It came into effect on 17 September 2007.
Background
[edit]HBOS plc is a banking and insurance holding company and was created on 10 September 2001 from the merger of the Governor and Company of the Bank of Scotland and Halifax plc.
See also
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External links
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