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Paragraph 4

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The modifications to the Banking Act 2009 (Bank Administration) (Modification for Application to Multiple Transfers) Regulations 2009 (in addition to the modifications set out in paragraph 2) are—

(a)

in regulation 1(2), ignore the definition of “a bank in temporary public ownership”;

(b)

in regulation 3(1)(a), for “a share transfer order, in respect of the securities issued by a bank (or a bank’s holding company)” substitute “an order under section 85 of the Act (temporary public ownership) in respect of a building society”.