Nationalisation of Northern Rock in the event that the takeover bids fail. On 12 January 2008, the Treasury recruited Ron Sandler, the former Lloyd's of London Chief Executive, to lead Northern Rock, in the event that the bank was nationalised. If the Bank was to be temporarily nationalised, the government would manage the Bank at "arm's length" on a commercial basis, where services for savers and borrowers would not be affected and the company would continue to operate as normal. However nationalisation would also address the future of the Northern Rock Foundation. Alistair Darling rejected the possibility of the Bank being put into administration.
Local Government Act (Northern Ireland) 1972 training and terms and conditions of employment of council officers, and those of the Northern Ireland Housing Executive. The commission was to: Local Government Act (Northern Ireland) 1972 The Local Government (Northern Ireland) Act 1972 (1972 c. 9) was an Act of the Parliament of Northern Ireland that constituted district councils to administer the twenty-six local government districts created by the Local Government (Boundaries) Act (Northern Ireland) 1971, and abolished the existing local authorities in Northern Ireland. Each Local Government District was to have a district council consisting of elected councillors of whom one would be chairman and another could