[66A Resolution of financial institutions]
Finance Act 2003 (2003 c 14) | Legislation

[66A  Resolution of financial institutions]

[(1)     A land transaction is exempt from charge if it is effected by—

(a)     an instrument listed in subsection (2), or

(b)     an instrument made under an instrument listed in subsection (2).

(2)     The instruments are—

(a)     a property transfer instrument made in accordance with section 12(2) of the Banking Act 2009 (transfer to a bridge bank),

(b)     a property transfer instrument made in accordance with section 12ZA(3) of that Act (transfer to asset management vehicle),

(c)     a supplemental property transfer

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