Schedule 2, Part 1, paragraph 29(1)

This section applies where the Bank of England— makes a resolution instrument that transfers securities issued by a bank (or a bank's parent undertaking), in accordance with section 12A(2), and later makes a property transfer instrument from the bank or from another bank which is or was in the same group as the bank, in accordance with section 41A(2).

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