Transfer to resolution company63

1

In section 52 (transfer to bridge bank)74, for subsection (1) substitute—

1

This section applies if the Bank of England makes—

a

a share transfer instrument or a property transfer instrument under section 12(2), or

b

a property transfer instrument under section 12ZA(3).

2

Accordingly, in the heading of that section, for “bridge bank” substitute “resolution company”.