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”.