|
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| | | | | | | | Share transfer instrument |
| | | | | | | | | | | | Special resolution regime |
| | | | | | Special resolution objectives |
| | | 5 | | | | | | | | | | | | | | | Supplemental property transfer instrument |
| | | | | | Supplemental share transfer instrument or order |
| | | | | | Third party compensation order |
| | | 10 | | | | | | |
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(1) | The Treasury may by order repeal the Banking (Special Provisions) Act 2008. |
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(a) | may include savings, and |
| 15 |
(b) | shall be made by statutory instrument. |
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(3) | Subsection (2)(a) is without prejudice to the generality of, or the application to |
| |
this section of, section 246. |
| |
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(1) | This Act shall come into force in accordance with provision made by the |
| 20 |
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(2) | Subsection (1) does not apply to section 241, which comes into force at the end |
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of the period of 2 months beginning with the date of Royal Assent. |
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(3) | An order under subsection (1)— |
| |
(a) | may make provision generally or only in relation to specific provisions |
| 25 |
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(b) | may make different provision for different provisions or purposes, |
| |
(c) | may include incidental or transitional provision (including savings), |
| |
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(d) | shall be made by statutory instrument. |
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(4) | Where the Treasury or another authority are required to consult or take other |
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action before exercising a power or fulfilling a duty to make legislation or to do |
| |
any other thing under, by virtue of or in connection with this Act, the Treasury |
| |
or other authority may rely on consultation or other action carried out before |
| |
the commencement of the relevant provision of this Act. |
| 35 |
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