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Version date: 1 January 2015 - onwards
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30. Resolution company: share transfers

(1) This section applies where the Bank of England has made -

(a) a property transfer instrument in respect of a resolution company in accordance with section 12(2) or 12ZA(3), or

(b) a share transfer instrument in respect of a resolution company in accordance with section 12(2).

(2) The Bank of England may make one or more resolution company share transfer instruments.

(3) A resolution company share transfer instrument is a share transfer instrument which -

(a) provides for securities issued by the resolution company to be transferred;

(b) makes other provision for the purposes of, or in connection with, the transfer of securities issued by the resolution company (whether the transfer has been or is to be effected by that instrument, by another share transfer instrument or otherwise).

(4) Sections 7 and 8 do not apply to a resolution company share transfer instrument (but it is to be treated in the same way as any other share transfer instrument for all other purposes, including for t

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