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Article 18 Cases where mandatory write-down etc applies: banking group companies

In section 81AA(8)(b) (cases where mandatory write-down, conversion etc applies: banking group companies) M1 omit “, on the basis of the valuation carried out in accordance with section 6E,”.

Annotations

Marginal citations

M1

Section 81AA was inserted by S.I. 2014/3329.

Notes on the whole SI

Textual amendments

F1

Order revoked (14.12.2023 for the revocation of art. 42) 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)(xvi)