(1) This Order may be cited as the Banking Act 2009 (Restriction of Partial Property Transfers) Order 2009.
(2) This Order comes into force on 21st February 2009.
(3) In this Order -
"the Act" means the Banking Act 2009;
"Annex 1 activity" has the meaning given in point (26A) of Article 4.1 of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26th June 2013 on prudential requirements for credit institutions and investment firms;
"the Bank" means the Bank of England;
"banking institution" means - (a) a bank (within the meaning of Part 1 of the Act) [See section 2 of the Act.]; (aa) an investment firm; (b) an undertaking which was a bank or an investment firm immediately before the making of a share transfer order under section 13(2) of the Act; (c) a bridge bank ["Bridge bank" is defined in section 12(1) of the Act. By virtue of section 11 of the Interpretation Act 1978 (c.30), expressions used in this Order have, unless the contrary
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