138 Objective 1: supporting private sector purchaser or [resolution company]

138  Objective 1: supporting private sector purchaser or [resolution company]

(1)     Objective 1 is to ensure the supply to the private sector purchaser or [resolution company] of such services and facilities as are required to enable it, in the opinion of the Bank of England, to operate effectively.

(2)     For the purposes of Objective 1—

(a)     the reference to services and facilities includes a reference to acting as transferor or transferee under a supplemental or reverse property transfer instrument [(including a bridge bank supplemental property transfer instrument or bridge bank supplemental reverse property transfer instrument)], and

(b)     the reference to “supply” includes a reference to supply by persons other

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