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Changes over time for: Section 26
Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 31/12/2020.
Changes to legislation:
Banking Act 2009, Section 26 is up to date with all changes known to be in force on or before 18 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.
Changes to Legislation
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26Supplemental instrumentsU.K.
This
adran has no associated
Nodiadau Esboniadol
(1)This section applies where the Bank of England has made a share transfer instrument in accordance with section 11(2) [or 12(2)] (“the original instrument”).
(2)The Bank of England may make one or more supplemental share transfer instruments.
(3)A supplemental share transfer instrument is a share transfer instrument which—
(a)provides for the transfer of securities which were issued by the bank before the original instrument and have not been transferred by the original instrument or another supplemental share transfer instrument;
(a)makes provision of a kind that a share transfer instrument may make under section 15(1)(b) (whether or not in connection with a transfer under the original instrument).
(4)Sections 7 and 8 do not apply to a supplemental share transfer instrument (but it is to be treated in the same way as any other share transfer instrument for all other purposes, including for the purposes of the application of a power under this Part).
(5)Before making a supplemental share transfer instrument the Bank of England must consult—
[(a)the PRA,
(aa)the FCA, and]
(b)the Treasury.
(6)The possibility of making a supplemental share transfer instrument in reliance on subsection (2) is without prejudice to the possibility of making of a new instrument in accordance with section 11(2) [or 12(2)] (and not in reliance on subsection (2) above).
Textual Amendments
Commencement Information
Yn ôl i’r brig