{
  "url": "https://openlegislation.uk/bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018/schedule-3/paragraph-89",
  "json_url": "https://openlegislation.uk/bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018/schedule-3/paragraph-89.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/3/paragraph/89",
  "kind": "paragraph",
  "number": "89",
  "heading": null,
  "text": "After article 156 insert—\n“PART 11A\nContractual recognition of bail-in\nContractual recognition of bail-in: technical standards\n156A (1) The Bank may make technical standards relating to requirements concerning the contractual recognition of bail-in.\n(2) Technical standards under paragraph (1) may include provision specifying—\n(a) liabilities that must be excluded from these requirements; or\n(b) the content of the contractual term that is comprised in these requirements.\n(3) In exercising its functions under this article the Bank must take into account the different business models of banks.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 3 para. 89 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/3/paragraph/89",
    "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."
}