Section 50

This section applies if the Bank of England makes a share transfer instrument or a property transfer instrument in accordance with section 11(2). The Treasury shall make a compensation scheme order. An order made by virtue of subsection (2) may include a third party compensation order. In the case of a partial property transfer, an order made by virtue of subsection (2) must include a third party compensation order.

← 4 · All articles · 1 →

Source: legislation.gov.uk · retrieved 2026-09-04