Part 2: Pensions and Banking (Special Provisions) Act 2008 Bodies Section 115: Transfer of assets and liabilities
Section 115(1) enables the Treasury, through regulations, to provide for the assets and liabilities of the BBS or NRAM pension schemes to be transferred to a nominee of the Treasury, or a company established by the Treasury for the purpose of holding the assets and liabilities pending their disposal or discharge.
	Section 115(2) provides that regulations may only be made under this section where regulations have been made under section 99.
	Section 115(3) provides that regulations made under this section may include provision for payments to be made into the Consolidated Fund.