34.—(1) Section 31 (bridge bank: reverse share transfer)(1) is amended as follows.
(2) For “bridge bank”, in each place it occurs, substitute “resolution company”.
(3) Accordingly in the heading for that section, for “Bridge bank:” substitute “Resolution company:”.
Section 31 was amended by section 97(4)(a), section 97(4)(b), section 97(4)(c), and paragraph 12 of Schedule 17 to the Financial Services Act 2012 (c.21).