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Financial Services (Banking Reform) Act 2013

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Changes over time for: Paragraph 9

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Financial Services (Banking Reform) Act 2013, Paragraph 9 is up to date with all changes known to be in force on or before 09 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

This section has no associated Explanatory Notes

9(1)An FMI transfer scheme may contain provision about—U.K.

(a)the transfer of foreign property, right and liabilities, and

(b)the creation of foreign property, rights and liabilities.

(2)For this purpose property, or a right, interest or liability, is “foreign” if an issue relating to it arising in any proceedings would (in accordance with the rules of private international law) be determined under the law of a country or territory outside the United Kingdom.

Commencement Information

I1Sch. 7 para. 9 in force at 13.7.2018 for E.W. by S.I. 2018/848, art. 2(c)

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