# The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018, Paragraph 7: The Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014


(1) The Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014 is amended as follows.
(2) In article 2 (interpretation)—
(a) in paragraph (1)—
(i) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(ii) in the definition of “transferable securities” for the words from “4.1(44)” to “instruments” substitute, “2.1(24) of Regulation (EU) No. 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012”;
(b) in paragraph (2) for “Order 2016 comes” substitute “ (Amendment) (EU Exit) Regulations 2018 come ”.
(3) In article 5 (set-off and netting: meaning of “derivative” etc.), in paragraph (1), at the end insert “ as it forms part of retained EU law”.
(4) In article 8 (review), omit paragraph (2).

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Source: https://www.legislation.gov.uk/uksi/2018/1394/schedule/4/paragraph/7 (the official version)
Page: https://openlegislation.uk/bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018/schedule-4/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.