Section 11 Private sector purchaserI1
(1)
The first stabilisation option is to sell all or part of the business of the bank to a commercial purchaser.
(2)
For that purpose the Bank of England may make—
(a)
one or more share transfer instruments;
(b)
one or more property transfer instruments.
Annotations
Commencement
- I1
S. 11 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 1