There are currently no known outstanding effects for the Financial Services (Banking Reform) Act 2013, Paragraph 10.
10(1)Section 111 (sanction of court for business transfer schemes) is amended as follows.U.K.
(2)In subsection (1), for “or a reclaim fund business transfer scheme” substitute “ , a reclaim fund business transfer scheme or a ring-fencing transfer scheme ”.
(3)In subsection (2), after paragraph (aa) insert—
“(ab)in the case of a ring-fencing transfer scheme, the appropriate certificates have been obtained (as to which see Part 2B of that Schedule);”
Commencement Information
I1Sch. 1 para. 10 in force at 1.3.2014 by S.I. 2014/377, art. 2(1)(a), Sch. Pt. 1
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
