(1) Where the object of transfer is part or all of the assets of an institution or group entity under resolution, including its liabilities, the transferring and the recipient legal entity must register the transfer for entry, without delay, in the register of their respective seats. The registrations must be accompanied, in addition to the closing balance sheet, by a certified copy of the resolution order. In the cases under section 107(1), point 1, letter a, the notarially recorded declaration of consent of the recipient legal entity under section 109(1), third sentence, must also be attached.
(2) Where the consideration consists of shares in the recipient legal entity, and a capital increase is necessary to create the shares, the recipient legal entity must, without delay, take the actions necessary for the registration and completion of the capital increase.
(3) Registrations must be made without delay. The lodging of an appeal or the bringing of an action against the resolution order, the capital increase, or the registration of the transfer or of the capital increase at the recipient legal entity, does not preclude registration.
(4) Where the transferring or the recipient legal entity fails to make, or delays, the registration for entry in a register required under subsection (1), the resolution authority may make the registration on behalf of the party obliged to register. In that case, the registration cannot be withdrawn without the resolution authority's consent.
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Part 4 · Resolution › Division 2 · Transfer of Shares, Assets, Liabilities and Legal Relationships › Section 115
Registration of the transfer
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