Onward transfer U.K.

43.—(1) Section 43 (onward transfer)(1) is amended as follows.

(2) In subsection (1)—

(a) for “bridge bank” substitute “resolution company”, and

(b) after “12(2)” insert “or 12ZA(3)”.

(3) In subsection (3), for “bridge bank”, in both places, substitute “resolution company”.

(4) In subsection (4), for “bridge bank” substitute “resolution company”.

(5) In subsection (6), after “8” insert “, 8ZA”.

Commencement Information

I1 Art. 43 in force at 1.1.2015, see art. 1(2)

(1)

Section 43 was amended by paragraph 22 of Schedule 17 to the Financial Services Act 2012 (c.21).