text_body: --- DIVISION TITLE ---
  
  Banking (Special Provisions) Bill - Independent audits
  
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  <p>The <b>Banking (Special Provisions) Bill</b> enables the Treasury to transfer the property, rights and liabilities of a bank, building society or any other "authorised UK deposit-taker" to a corporate body of its choosing.[1]</p>
  
  <p>The majority (in the House of Lords) voted to require that an independent audit be completed within three months of the transfer, and at least annually thereafter.[2]</p>
  
  <ul>
  <li>[1] <a href="http://www.publications.parliament.uk/pa/ld200708/ldbills/034/08034.1-7.html#j003">Transfer of property, rights and liabilities</a>, Clause 6 of Banking (Special Provisions) Bill, House of Lords version.</li>
  <li>[1] <a href="http://www.theyworkforyou.com/lords/?id=2008-02-21a.275.8#g306.0">Lord Oakeshott of Seagrove Bay</a>, House of Lords, 21 February 2008.</li>
  </ul>
  
  
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  