148 Sharing information

148  Sharing information

(1)     This section applies to bank administration following transfer to a [resolution company].

(2)     Within the period of 5 days beginning with the day on which the bank administrator is appointed, the Bank of England must give the bank administrator information about the financial positions of the residual bank and the [resolution company].

(3)     While the residual bank is in bank administration the [resolution company] must give

Powered by Lexis+®

Popular documents