Section 84C(1)

A transfer under section 84A(5)(b) must be to a company which immediately before the transfer is wholly owned by— the Bank of England, a resolution administrator appointed under section 62B(1), a person nominated by the Bank of England, or a company which is itself wholly owned by a person within paragraphs (a) to (c).

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