Onward and reverse transfers etc
This section has no associated Explanatory Memorandum
64. In section 53 (onward and reverse transfers etc)(1), in subsection (1)(c) and (d) for “bridge bank” substitute “resolution company”.
(1)
Section 53 was amended by paragraph 6(4) of Schedule 2 to the Financial Services (Banking Reform) Act 2013 (c.33).