Establishment of bridge institutions and asset management vehicles

(1) The resolution authority or the Restructuring Fund under section 1 of the Restructuring Fund Act may, even without a specific occasion, establish legal persons that can 1. act as the recipient legal entity in transfers under section 107(1), point 1, letter b (bridge institution), or 2. act as the recipient legal entity in transfers under section 107(1), point 2 (asset management vehicle).
(2) The resolution authority or the Restructuring Fund may acquire an interest in a legal entity established by a third party for the purposes of section 107(1), point 1, letter a, or point 2, in order to use it as a bridge institution in a transfer under section 107(1), point 1, letter b, or as an asset management vehicle in a transfer under section 107(1), point 2. An acquisition of an interest should be made only where there is a substantial federal interest, and the purpose sought by the Federation cannot be achieved better or more economically in another way. Sections 65 to 69 of the Federal Budget Code do not apply.
(3) Section 202(3), first sentence, of the Stock Corporation Act does not apply to bridge institutions and asset management vehicles.