http://www.legislation.gov.uk/ukpga/2009/1/section/30Banking Act 2009An Act to make provision about banking.texttext/xmlenStatute Law Database2026-02-20Expert Participation2026-01-19
Banking Act 2009s. 4(8A) (8B)Financial Services Act 2012s. 96(3)Sch. 20s. 122(3)Banking Act 2009s. 8(2)(d) and wordFinancial Services Act 2012s. 96(4)(b)Sch. 20s. 122(3)
Part 1Special Resolution RegimeChapter 3 <Addition ChangeId="key-66128f0e1311ca44b09df6cb3e25b25a-1582893808011" CommentaryRef="key-66128f0e1311ca44b09df6cb3e25b25a"> Special resolution action</Addition> <Emphasis>Transfer of securities</Emphasis> <Substitution ChangeId="key-2c8138c4847540bb77b8ceed532fae28-1582836190188" CommentaryRef="key-2c8138c4847540bb77b8ceed532fae28">Resolution company:</Substitution> share transfers301This section applies where the Bank of England has made—aa property transfer instrument in respect of a resolution company in accordance with section 12(2) or 12ZA(3), orba share transfer instrument in respect of a resolution company in accordance with section 12(2).2The Bank of England may make one or more resolution company share transfer instruments.3A resolution company share transfer instrument is a share transfer instrument which—aprovides for securities issued by the resolution company to be transferred;bmakes other provision for the purposes of, or in connection with, the transfer of securities issued by the resolution company (whether the transfer has been or is to be effected by that instrument, by another share transfer instrument or otherwise).4Sections 7 and 8 do not apply to a resolution company share transfer instrument (but it is to be treated in the same way as any other share transfer instrument for all other purposes, including for the purposes of the application of a power under this Part).5Before making a resolution company share transfer instrument the Bank of England must consult—athe PRA,aathe FCA, andbthe Treasury.6Section 26 applies where the Bank of England has made a resolution company share transfer instrument.S. 30 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 1Pt. 1 restricted (7.1.2010) by Banking Act 2009 (Exclusion of Insurers) Order 2010 (S.I. 2010/35), arts. 1, 2S. 30(5)(a)(aa) substituted for s. 30(5)(a) (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 18 (with Sch. 20); S.I. 2013/423, art. 3, Sch.Pt. 1: power to amend conferred (1.3.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), ss. 17(3)(f), 148(5); S.I. 2014/377, art. 2(1)(b), Sch. Pt. 2S. 30(1) substituted (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 33(2)Words in s. 30(2)-(6) substituted (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 33(3)Words in s. 30 heading substituted (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 33(4)Pt. 1 Ch. 3 formed from ss. 4-83 (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 7