Bridge bank: reverse property transfer44

1

Section 44 (bridge bank: reverse property transfer)60 is amended as follows.

2

For “bridge bank”, in each place it occurs, substitute “resolution company”.

3

In subsection (1), after “12(2)” insert “or 12ZA(3)”.

4

In subsection (5) after “8” insert “, 8ZA”.

5

Accordingly, in the heading of that section, for “Bridge bank” substitute “Resolution company”.