Schedule 11, Part 5, paragraph 45(1)
FSMA 2023
Financial Services and Markets Act 2023 · United Kingdom
A share transfer instrument may enable the Bank— to remove a director or senior manager of a specified CCP; to vary the service contract of a director or senior manager of a specified CCP; to terminate the service contract of a director or senior manager of a specified CCP; to appoint a director or a senior manager of a specified CCP.
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Source: legislation.gov.uk · retrieved 2026-09-04