Article 34 Asset management vehicles: reverse share transfer

(1)

Section 31 (bridge bank: reverse share transfer)^f1 is amended as follows.

(2)

For “bridge bank”, in each place it occurs, substitute “resolution company”.

(3)

Accordingly in the heading for that section, for “Bridge bank:” substitute “Resolution company:”.

Annotations

f1: Section 31 was amended by section 97(4)(a), section 97(4)(b), section 97(4)(c), and paragraph 12 of Schedule 17 to the Financial Services Act 2012 (c.21).