Nationalisation of Northern Rock mortgage products, but the other company, "Northern Rock (Asset Management) plc", will not. The subsidiary in Guernsey, Northern Rock (Guernsey) Limited, and all Irish accounts are owned by the new Northern Rock plc. After the split there are two boards of directors; Ron Sandler is the Chairman of the new Northern Rock plc and Richard Pym is Chairman of the Asset Management company. Gary Hoffman is Chief Executive of both companies. On 10 March 2010 Northern Rock (Asset Management) plc announced that for the year 2009 the company made a better than expected loss of £257.4 million; this was a
Local Government (Boundaries) Act (Northern Ireland) 1971 but provided a list of 26 existing local government areas which would form the basis of the pattern. It then gave the Governor of Northern Ireland the power to appoint a Local Government Boundaries Commissioner who was to report with proposed names and boundaries not later than 30 June 1972. The Commissioner's proposals were put into effect by the Local Government (Boundaries) Order (Northern Ireland) 1972, dated 17 July 1972. The 1971 Act created districts, but did not make provision for councils to govern them. This was done by the Local Government Act (Northern Ireland) 1972. The councils created by