C1C2Part 1Special Resolution Regime

Annotations:
Modifications etc. (not altering text)

F4Chapter 3 Special resolution action

Annotations:
Amendments (Textual)
F4

Pt. 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

Transfer of property

48AF1Creation of liabilities

1

The provision that may be made by a property transfer instrument or order in reliance on section 33(1)(b), 42(3)(b), F242A(3)(b), 43(3)(b), 44(4)(c)F3, 44A(3)(b), F544D(3)(b), 44E(3)(b), 45(3)(b) or 46(3)(b) includes provision for the creation of liabilities.

2

The provision may be framed by reference to an agreement which has been or is to be entered into, or anything else which has been or is to be done, by any person (including a person other than the person making the instrument or order).