(1) This section applies where the Bank of England has made a property transfer instrument in accordance with section 11(2) or 12(2), 12ZA(3) or 41A(2) ("the original instrument").

(2) The Bank of England may make one or more supplemental property transfer instruments.

(3) A supplemental property transfer instrument is a property transfer instrument which -

(a) provides for property, rights or liabilities to be transferred from the transferor under the original instrument (whether accruing or arising before or after the original instrument);

(b) makes other provision of a kind that an original property transfer instrument may make under section 33(1)(b) (whether in connection with a transfer under the original instrument or in connection with a transfer under that or another supplemental instrument).