- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (a wnaed Fel)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).
18.—(1) Section 12 (bridge bank) is amended as follows.
(2) In subsection (1) for “is wholly owned by the Bank of England” substitute “meets the requirements of subsection (1A)”.
(3) For subsection (2) substitute—
“(1A) Those requirements are that the company—
(a)is wholly or partially owned by the Bank of England,
(b)is controlled by the Bank, and
(c)is created for the purposes of receiving a transfer by virtue of this section with a view to maintaining access to critical functions and (in due course) selling the bank or its business.
(2) For the purpose of subsection (1) the Bank of England may make—
(a)one or more share transfer instruments;
(b)one or more property transfer instruments.”
(4) After subsection (3) insert—
“(3A) Where—
(a)all or substantially all of the bridge bank’s assets, rights and liabilities have been transferred to a third party, or
(b)following a transfer to the bridge bank under this section, no further transfer to the bridge bank is made under this section during the relevant post-transfer period,
the Bank of England must, without delay, take all necessary steps to wind up the bridge bank.
(3B) But subsection (3A)(b) does not apply if the bridge bank—
(a)has merged with another entity,
(b)has ceased to meet the requirements of subsection (1A)(a) or (b), or
(c)has already been wound up.
(3C) “The relevant post-transfer period” means the period of two years beginning with the day of the transfer mentioned in subsection (3A)(a), subject to any extension under subsection (3D).
(3D) The Bank of England may extend (or further extend) the relevant post-transfer period by one year if it is satisfied that the extension—
(a)would support one or more of the outcomes mentioned in subsection (3A)(a) or (3B)(a), (b) or (c), or
(b)is necessary to ensure the continuity of essential banking or financial services.”
(5) In subsection (4), for “is wholly owned by the Bank of England” substitute “meets the requirements of subsection (1A)”.
(6) For subsection (5)(a)(i) substitute—
“(i)subsections (3) to (3B),
(ia)section 8ZA(3)(b),
(ib)section 12ZA(1)(b) and (2)(c),”.
Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.
Mae Memoranda Esboniadol yn nodi datganiad byr o ddiben Offeryn Statudol ac yn rhoi gwybodaeth am ei amcan polisi a goblygiadau polisi. Maent yn ceisio gwneud yr Offeryn Statudol yn hygyrch i ddarllenwyr nad oes ganddynt gymhwyster cyfreithiol, ac maent yn cyd-fynd ag unrhyw Offeryn Statudol neu Offeryn Statudol Drafft a gyflwynwyd ger bron y Senedd o Fehefin 2004 ymlaen.
Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:
liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys