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Commercial and Private Bank Act 1991
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- 1991 c. xxii
- Section 14
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14Dissolution of WPZ
(1)WPZ shall by virtue of this Act be dissolved on the day on which, in pursuance of a request made by or on behalf of CPB at any time after the appointed day, the Registrar of Companies strikes WPZ off the register.
(2)Notwithstanding section 654 of the [1985 c. 6.] Companies Act 1985 (property of a dissolved company), on the day on which WPZ is struck off the register under subsection (1) above all documents required to be kept by WPZ pursuant to the provisions of the said Act of 1985 shall, by virtue of this Act, be transferred to, and vest in, CPB and, where so required to be kept at a place in England, shall be kept by CPB at such a place.
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