Financial Services (Banking Reform) Act 2013 (c. 33)

SCHEDULES

SCHEDULE 2 U.K. Bail-in stabilisation option

PART 1 U.K. Amendments of Banking Act 2009

Other amendments of the Act U.K.

16 U.K. In section 44 (reverse property transfer)—

(a) in subsection (2), after “more” insert “ bridge bank ”;

(b) in subsection (3), after “more” insert “ bridge bank ”;

(c) in subsection (4), for “A reverse” substitute “ A bridge bank reverse ”;

(d) in subsection (4A)—

(i) after “make a” insert “ bridge bank ”, and

(ii) in paragraph (b), for “the reverse” substitute “ the bridge bank reverse ”;

(e) in subsection (5), for “a reverse” substitute “ a bridge bank reverse ”;

(f) in subsection (6), for “a reverse” substitute “ a bridge bank reverse ”;

(g) in subsection (7), for “a reverse” substitute “ a bridge bank reverse ”;

(h) in the heading, for “Reverse” substitute “ Bridge bank: reverse ”.

Commencement Information

I1 Sch. 2 para. 16 in force at 31.12.2014 by S.I. 2014/3160, art. 2(1)(b)