Paragraph 30 Transfer of ownershipI1I2
United Kingdom
(1)
The third stabilisation option is to transfer ownership of the CCP to any person other than a bridge central counterparty or a commercial purchaser.
(2)
For that purpose the Bank may make one or more share transfer instruments.
Annotations
Commencement
- I1
Sch. 11 para. 30 not in force at Royal Assent, see s. 86(3)
- I2
Sch. 11 para. 30 in force at 31.12.2023 by S.I. 2023/1382, reg. 8(b)