# The Banking Act 2009 (Bank Administration) (Modification for Application to Banks in Temporary Public Ownership) Regulations 2009, Regulation 2: Application following transfer of bank etc to temporary public ownership


(1) These Regulations make modifications to Part 3 of the Act (bank administration) as applied by section 152(2) of the Act (which applies Part 3 to banks where the Treasury has made a share transfer order to transfer the securities of a bank or a bank’s holding company into temporary public ownership, and makes a property transfer order in respect of that bank to transfer property from the bank to another person).
(2) Regulations 3 and 4 make general modifications.
(3) The Tables in the Schedule make modifications to the specific provisions listed within them.

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Source: https://www.legislation.gov.uk/uksi/2009/312/regulation/2 (the official version)
Page: https://openlegislation.uk/banking-act-2009-bank-administration-modification-for-application-to-banks-in-temporary-public-ownership-regulations-2009/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.