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Section 73 DisputesI1I2

United Kingdom

(1)

This section applies to—

(za)

F1mandatory reduction instruments,

(a)

share transfer orders,

(b)

share transfer instruments, F2...

(c)

property transfer instrumentsF3, F4...

(d)

resolution instrumentsF5, and

(e)

third-country instruments.

(2)

An order or instrument may include provision for disputes to be determined in a specified manner.

(3)

Provision by virtue of subsection (2) may, in particular—

(a)

confer jurisdiction on a court or tribunal;

(b)

confer discretion on a specified person.

Annotations

Textual amendments

F1

S. 73(1)(za) inserted (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 80(1)(a)

F2

Word in s. 73(1)(b) omitted (31.12.2014) by virtue of Financial Services (Banking Reform) Act 2013 (c. 33), s. 148(5), Sch. 2 para. 23(a); S.I. 2014/3160, art. 2(1)(b)

F3

S. 73(1)(d) and preceding word inserted (31.12.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), s. 148(5), Sch. 2 para. 23(b); S.I. 2014/3160, art. 2(1)(b)

F4

Word in s. 73(1)(c) omitted (1.1.2015) by virtue of The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 80(1)(b)

F5

S. 73(1)(e) and preceding word inserted (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 80(1)(b)

Commencement

I1

S. 73 in force at 17.2.2009 for specified purposes by S.I. 2009/296, arts. 2, 3, Sch. para. 1

I2

S. 73 in force at 21.2.2009 in so far as not already in force by S.I. 2009/296, arts. 2, 3, Sch. para. 1