Article 65 Notice of determination

(1)

The Bank must give notice of a determination to—

(a)

the institution concerned; F1and

(b)

the appropriate regulatorF2...

F3(c)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2)

The notice must—

(a)

be in writing;

(b)

set out the impediments; and

(c)

give reasons for the determination.

Annotations

F1: Word in art. 65(1)(a) added (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 39(2)(a); 2020 c. 1, Sch. 5 para. 1(1)
F2: Word in art. 65(1)(b) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 39(2)(b); 2020 c. 1, Sch. 5 para. 1(1)
F3: Art. 65(1)(c) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 39(2)(c); 2020 c. 1, Sch. 5 para. 1(1)

F1: Order revoked (14.12.2023 for the revocation of art. 227) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(x)