Section 68(1)

In this section “onward transfer” means a transfer (whether or not under a power in this Part) of securities issued by a bank where— securities issued by the bank were earlier transferred by a share transfer instrument under section 12(2), a resolution instrument under section 12A(2) or supplemental resolution instrument under section 48U(2) or a share transfer order under section 13(2), or the bank was the transferee under a property transfer instrument under section 12(2).

← 68 · All articles · 2 →

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