Introductory Text
PART 1 General
1.Citation, commencement, extent and interpretation
PART 2 Partial Property Transfers
CHAPTER 1 Restrictions on Partial Property Transfers
2.Application of this Part
3.Protected rights and liabilities
4.Secured liabilities
5.Financial markets
6.Trusts
7.Additional restrictions on reverse transfers
8.CCP group companies
CHAPTER 2 Remedies
9.Market contracts and continuity powers
10.Set-off and netting
11.Contravention of other provisions of this Part
PART 3 Restriction of Write-down Provision
12.Application
13.Set-off and netting
14.Set-off and netting: meaning of “derivative”, “financial contract” and “qualifying master agreement”
15.Remedy
16.Remedy: relevant period
PART 4 Revocation and transitional provision
17.Revocation of the Banking Act 2009 (Restriction of Partial Property Transfers) (Recognised Central Counterparties) Order 2014.
18.Transitional provision
Signature
Explanatory Note