[44B Property transfer instruments: special bail-in provision]

[44B  Property transfer instruments: special bail-in provision]

[[(1)     A property transfer instrument within subsection (2) may make special bail-in provision with respect to the bank (see section 48B).

(2)     The instruments referred to in subsection (1) are—

(a)     a property transfer instrument under section 11(2), 12(2), 12ZA(3) or 41A(2) ,

(b)     a supplemental property transfer instrument under section 42 in relation to which the original instrument is—

(i)     a property transfer instrument under section 11(2), 12(2), 12ZA(3) or 41A(2),

(ii)     an onward property transfer instrument under section 43(2), or

(iii)     a bridge bank supplemental property transfer instrument under section 44D(2),

(c)     an onward property transfer instrument under section 43(2), or

(d)     a bridge bank supplemental property transfer instrument under section 44D(2).

(3)

Powered by Lexis+®

Popular documents