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Banking Act 2009

Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.

Change 1

What to do with it
As published

53 Onward and reverse transfers etc

(1) This section applies where— (zza) the Bank of England makes a supplemental share transfer instrument under section 26, (zzb) the Bank of England makes an onward share transfer instrument under section 26ZA, (za) the Bank of England makes a ... reverse share transfer instrument under section 26A, (zb) the Treasury makes a supplemental share transfer order under section 27, (a) the Treasury make an onward share transfer order under section 28, (b) the Treasury makes a reverse share transfer order under section 29, (c) the Bank of England makes a resolution company share transfer instrument under section 30, (d) the Bank of England makes a resolution company reverse share transfer instrument under section 31, (dza) the Bank of England makes a supplemental property transfer instrument under section 42, (da) the Bank of England makes a private sector reverse property transfer instrument under section 42A, (e) the Bank of England makes an onward property transfer instrument under section 43, (f) the Bank of England makes a reverse property transfer instrument under section 44, (fa) the Bank of England makes a reverse property transfer instrument under section 44A(2), (fb) the Bank of England makes a bridge bank supplemental property transfer instrument under section 44D, (fc) the Bank of England makes a bridge bank supplemental reverse property transfer instrument under section 44E, (g) the Treasury make a property transfer order under section 45, ... (h) the Treasury make a reverse property transfer order under section 46. (i) the Bank of England makes a supplemental resolution instrument under section 48U, (j) the Bank of England makes an onward transfer resolution instrument under section 48V(2), or (k) the Bank of England makes a reverse transfer resolution instrument under section 48W(2) or (3). (2) The Treasury may make— (a) a compensation scheme order; (b) a third party compensation order.

Your change, as a redline

53 Onward and reverse transfers etc

(1) This section applies where— (zza) the Bank of England makes a supplemental share transfer instrument under section 26, (zzb) the Bank of England makes an onward share transfer instrument under section 26ZA, (za) the Bank of England makes a ... reverse share transfer instrument under section 26A, (zb) the Treasury makes a supplemental share transfer order under section 27, (a) the Treasury make an onward share transfer order under section 28, (b) the Treasury makes a reverse share transfer order under section 29, (c) the Bank of England makes a resolution company share transfer instrument under section 30, (d) the Bank of England makes a resolution company reverse share transfer instrument under section 31, (dza) the Bank of England makes a supplemental property transfer instrument under section 42, (da) the Bank of England makes a private sector reverse property transfer instrument under section 42A, (e) the Bank of England makes an onward property transfer instrument under section 43, (f) the Bank of England makes a reverse property transfer instrument under section 44, (fa) the Bank of England makes a reverse property transfer instrument under section 44A(2), (fb) the Bank of England makes a bridge bank supplemental property transfer instrument under section 44D, (fc) the Bank of England makes a bridge bank supplemental reverse property transfer instrument under section 44E, (g) the Treasury make a property transfer order under section 45, ... (h) the Treasury make a reverse property transfer order under section 46. (i) the Bank of England makes a supplemental resolution instrument under section 48U, (j) the Bank of England makes an onward transfer resolution instrument under section 48V(2), or (k) the Bank of England makes a reverse transfer resolution instrument under section 48W(2) or (3). (2) The Treasury may make— (a) a compensation scheme order; (b) a third party compensation order.

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