Schedule 2, Part 1, paragraph 2(4)

A resolution instrument may— provide for securities issued by a specified bank to be transferred to a bail-in administrator (see section 12B) or another person; make other provision for the purposes of, or in connection with, the transfer of securities issued by a specified bank (whether or not the transfer has been or is to be effected by that instrument, by another resolution instrument or otherwise).

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