Part 1Special Resolution Regime
Chapter 3 Special resolution action
Transfer of securities
16Share transfer order
(1)
A share transfer order is an order which—
(a)
provides for securities issued by a specified bank to be transferred;
(b)
makes other provision for the purposes of, or in connection with, the transfer of securities issued by a specified bank (whether or not the transfer has been or is to be effected by that order, by another share transfer order or otherwise).
(2)
A share transfer order may relate to—
(a)
specified securities, or
(b)
securities of a specified description.