# The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018, Paragraph 46


(1) The modified version of section 7 substituted by subsection (5) is amended as follows.
(2) In subsection (4)(a) for “EEA” substitute “ UK ”.
(3) In subsection (9) for the definitions of “EEA creditor” and “normal insolvency proceedings” substitute—
““UK creditor”, in relation to a third-country institution, means a creditor of the institution who—
(a) in the case of an individual, is ordinarily resident in the United Kingdom; and
(b) in the case of a body corporate or unincorporated association, has its head office in the United Kingdom.”.

---
Source: https://www.legislation.gov.uk/uksi/2018/1394/schedule/1/paragraph/46 (the official version)
Page: https://openlegislation.uk/bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018/schedule-1/paragraph-46
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

