Paragraph 27 Private sector purchaserI1I2
United Kingdom
(1)
The first stabilisation option is to sell all or part of the business of the CCP to a commercial purchaser.
(2)
For that purpose the Bank may make—
(a)
one or more share transfer instruments;
(b)
one or more property transfer instruments.
Annotations
Commencement
- I1
Sch. 11 para. 27 not in force at Royal Assent, see s. 86(3)
- I2
Sch. 11 para. 27 in force at 31.12.2023 by S.I. 2023/1382, reg. 8(b)