Modifications etc. (not altering text)
C1Pt. 1 restricted (7.1.2010) by Banking Act 2009 (Exclusion of Insurers) Order 2010 (S.I. 2010/35), arts. 1, 2
C2Pt. 1: power to amend conferred (1.3.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), ss. 17(3)(f), 148(5); S.I. 2014/377, art. 2(1)(b), Sch. Pt. 2
Textual Amendments
F1Pt. 1 Ch. 3 formed from ss. 4-83 (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 7
(1)The first stabilisation option is to sell all or part of the business of the bank to a commercial purchaser.
(2)For that purpose the Bank of England may make—
(a)one or more share transfer instruments;
(b)one or more property transfer instruments.
Commencement Information
I1S. 11 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 1