[42A Private sector purchaser: reverse property transfer]
Banking Act 2009 (2009 c 1) | Legislation

[42A  Private sector purchaser: reverse property transfer]

[(1)     This section applies where the Bank of England has made a property transfer instrument in accordance with section 11(2) (“the original instrument”) providing for the transfer of property, rights or liabilities of a bank to a person (“the original transferee”).

(2)     The Bank of England may make one or more private sector reverse property transfer

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