44 [[Resolution company]: reverse] property transfer
Banking Act 2009 (2009 c 1) | Legislation

44  [[Resolution company]: reverse] property transfer

(1)     This section applies where the Bank of England has made a property transfer instrument in accordance with section 12(2) [or 12ZA(3)] (“the original instrument”) providing for the transfer of property, rights or liabilities to a [resolution company].

(2)     The Bank of England may make one or more [resolution company] reverse property transfer instruments in respect of property, rights or liabilities of the [resolution company].

(3)     If the Bank of England makes an onward property transfer instrument under section 43 the

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