(1) This section applies where the Treasury have made a share transfer order in accordance with section 13(2) ("the original order") providing for the transfer of securities issued by a bank to a person ("the original transferee").
(2) The Treasury may make one or more reverse share transfer orders in respect of securities issued by the bank and held by the original transferee (whether or not they were transferred by the original order).
(3) If the Treasury makes an onward share transfer order in respect of securities transferred by the original order, the Treasury may make one or more reverse share transfer orders in respect of securities issued by the bank and held by a transferee under the onward share transfer order ("the onward transferee").
(4) A reverse share transfer order is a share transfer order which -
(a) provides for transfer to the transferor under the original order (where subsection (2) applies);
(b) provides for transfer to the original transferee (where subsection (3
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