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SCHEDULES

SCHEDULE 11U.K.Central counterparties

PART 5U.K.Special resolution action

Valid from 31/12/2023

Transfer of ownershipU.K.

30(1)The third stabilisation option is to transfer ownership of the CCP to any person other than a bridge central counterparty or a commercial purchaser.

(2)For that purpose the Bank may make one or more share transfer instruments.

Commencement Information

I1Sch. 11 para. 30 not in force at Royal Assent, see s. 86(3)