Part 1Special Resolution Regime

Chapter 3 Special resolution action

Compensation

53Onward and reverse transfers F1etc

(1)

This section applies where—

F2(zza)

the Bank of England makes a supplemental share transfer instrument under section 26,

F3(zzb)

the Bank of England makes an onward share transfer instrument under section 26ZA,

F4(za)

the Bank of England makes a F5... reverse share transfer instrument under section 26A,

F6(zb)

the Treasury makes a supplemental share transfer order under section 27,

(a)

the Treasury make an onward share transfer order under section 28,

(b)

the Treasury makes a reverse share transfer order under section 29,

(c)

the Bank of England makes a F7resolution company share transfer instrument under section 30,

(d)

the Bank of England makes a F8resolution company reverse share transfer instrument under section 31,

F9(dza)

the Bank of England makes a supplemental property transfer instrument under section 42,

F10(da)

the Bank of England makes a private sector reverse property transfer instrument under section 42A,

(e)

the Bank of England makes an onward property transfer instrument under section 43,

(f)

the Bank of England makes a reverse property transfer instrument under section 44,

F11(fa)

the Bank of England makes a reverse property transfer instrument under section 44A(2),

F12(fb)

the Bank of England makes a bridge bank supplemental property transfer instrument under section 44D,

(fc)

the Bank of England makes a bridge bank supplemental reverse property transfer instrument under section 44E,

(g)

the Treasury make a property transfer order under section 45, F13...

(h)

the Treasury make a reverse property transfer order under section 46.

F14(i)

the Bank of England makes a supplemental resolution instrument under section 48U,

(j)

the Bank of England makes an onward transfer resolution instrument under section 48V(2), or

(k)

the Bank of England makes a reverse transfer resolution instrument under section 48W(2) or (3).

(2)

The Treasury may make—

(a)

a compensation scheme order;

(b)

a third party compensation order.