Onward transfer43.
(1)
Section 43 (onward transfer)59 is amended as follows.
(2)
In subsection (1)—
(a)
for “bridge bank” substitute “resolution company”, and
(b)
after “12(2)” insert “or 12ZA(3)”.
(3)
In subsection (3), for “bridge bank”, in both places, substitute “resolution company”.
(4)
In subsection (4), for “bridge bank” substitute “resolution company”.
(5)
In subsection (6), after “8” insert “, 8ZA”.