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”.