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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