Article 4 InterpretationI1
Northern Ireland
The following expressions used in these Rules take their meaning from the Banking Act 2009 —
“bank” (s. 2),
“bank administration” (s. 141(4)(a)),
“bank administration order” (s. 141(1)),
“bank administrator” (s. 141(1)),
F1“Bank of England” (s. 256B(1)),
“the court” (the High Court – s. 166(1)),
F2...
“Objective 1” (support for commercial purchaser or bridge bank – ss. 137 & 138),
“Objective 1 Achievement Notice” (s. 139(4)),
“Objective 2” (normal administration – ss. 137 & 140),
“residual bank” (s. 136(2)), and
“resolution fund order” (s. 49(3)).
Annotations
Textual amendments
- F1
Words in rule. 4 inserted (1.3.2017) by The Bank of England and Financial Services (Consequential Amendments) Regulations 2017 (S.I. 2017/80), reg. 1, Sch. para. 31
- F2
Words in rule. 4 omitted (1.4.2013) by virtue of The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 153(a)
Commencement
- I1
Rule 4 in operation at 25.2.2009, see rule 2