AI Summary of 41. Procedure
As soon as is reasonably practicable after making a property transfer instrument in respect of a bank, the Bank of England must send a copy to the bank, the Treasury, the Prudential Regulation Authority (PRA), the Financial Conduct Authority (FCA) and any other person specified in the code of practice under section 5.
The Bank must publish a copy on the Bank's internet website, in two newspapers chosen to maximise the likelihood of persons likely to be affected seeing it, and where the bank's securities are admitted to trading on a regulated market (within the meaning of section 103(1) of the Financial Services and Markets Act 2000), by means of a regulatory information service (within the meaning of section 313D of that Act), and arrange publication on the internet website of the bank in respect of which the instrument was made. Where the Treasury receive a copy they shall lay it before Parliament. References to a "bank" include a resolution company even if it is not a bank.
41. Procedure
(1) As soon as is reasonably practicable after making a property transfer instrument in respect of a bank the Bank of England shall send a copy to -
(b) the Treasury,
(d) any other person specified in the code of practice under section 5.
(2) As soon as is reasonably practicable after making a property transfer instrument the Bank of England shall publish a copy -
(a) on the Bank's internet website,
(b) in two newspapers, chosen by the Bank of England to maximise the likelihood of the instrument coming to the attention of persons likely to be affected, and