16. Share transfer order

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Banking Act 2009 (c. 1)
Part 1 Special Resolution Regime (ss. 1-89M)
Chapter 3 Special resolution action (ss. 4-83)
Transfer of securities (ss. 14-32)
16. Share transfer order

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Version status: In force | Document consolidation status: Updated to reflect all known changes

Version date: 21 February 2009 - onwards

Version 3 of 3

(1) A share transfer order is an order which -

(a) provides for securities issued by a specified bank to be transferred;

(b) makes other provision for the purposes of, or in connection with, the transfer of securities issued by a specified bank (whether or not the transfer has been or is to be effected by that order, by another share transfer order or otherwise).

(2) A share transfer order may relate to -

(a) specified securities, or

(b) securities of a specified description.

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