OpenLegislation

Paragraph 39 Special casesI1

(1)

In Section 83A (Modifications of Part 1), the Table of modifications of Part 1 (in its application to an FCA-regulated bank) is amended as follows.

(2)

At the beginning insert—

“

Section 3Treat the definition of “normal insolvency proceedings” in subsection (1) as including investment bank special administration established by the Investment Bank Special Administration Regulations 2011 (S.I. 2011/245).

”.

(3)

In the entry for section 8ZA omit paragraph (b).

(4)

Omit the entry for section 12AA.

(5)

In the entry for section 81ZBA omit paragraph (c).

(6)

Omit the entry for section 89H.

Annotations

Commencement

I1

Sch. 1 para. 39 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)