151 Property transfer from [resolution company]
Banking Act 2009 (2009 c 1) | Legislation

151  Property transfer from [resolution company]

(1)     This section applies where the Bank of England—

(a)     transfers all or part of the business of a bank (“the original bank”) to a [resolution company] (“the original [resolution company]”) by making a property transfer instrument in accordance with section 12(2) [or 12ZA(3)], and

(b)     later makes or proposes to make an onward property transfer instrument under section 43(2) from the [resolution company] to a transferee (“the onward transferee”).

(2)

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