PART 2Amendments of the Banking Act 2009 and related provision

CHAPTER 1Amendments of the Banking Act 2009

Onward and reverse transfers16

In section 53(1) (onward and reverse transfers)25

a

after paragraph (zza) insert—

zzb

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

b

in paragraph (za) omit the words “private sector”;

c

after paragraph (fa) insert—

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,