{
  "url": "https://openlegislation.uk/bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018/schedule-1/paragraph-55",
  "json_url": "https://openlegislation.uk/bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018/schedule-1/paragraph-55.json",
  "legislation": "uksi/2018/1394",
  "legislation_title": "The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018",
  "legislation_url": "https://openlegislation.uk/bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018",
  "path": "schedule/1/paragraph/55",
  "kind": "paragraph",
  "number": "55",
  "heading": null,
  "text": "(1) In section 259 (statutory instruments), in subsection (3), the Table is amended as follows.\n(2) After the row relating to the meaning of “bank” insert—\n“\n2(2A)\nCriteria for determining what are critical functions\nNegative resolution\n”.\n(3) After the row relating to the protection of interests insert—\n“\n48B(13A)\nFurther provision connected with functions under section 48B(10)\nDraft affirmative resolution\n48B(16)\nCriteria for determining what are core business lines\nNegative resolution\n”.\n(4) After the row relating to recognised central counterparty compensation orders insert—\n“\n89JA(8) (modified section 48B(17B))\nCriteria for determining what are core business lines\nNegative resolution\n”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 1 para. 55 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)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2018/1394/schedule/1/paragraph/55",
    "retrieved_at": "2026-10-28T22:49:58.041729+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}