Schedule 11: Central counterparties Part 5 – Special resolution action Restriction of partial transfers
Paragraph 75 sets out a power for HM Treasury to make regulations enabling restrictions to be placed on the making of partial transfers through the property transfer powers by HM Treasury. A partial transfer is the transfer of some, but not all, of a CCP’s property, rights or liabilities (as defined in sub-paragraph (1)). The regulations that may be laid by HM Treasury are outlined in sub-paragraph (2).
	Regulations can apply to protected arrangements generally, or in specified circumstances or as a specified kind (sub-paragraph 3).