Regulation 2 Commencement
The following provisions of the Bank Resolution (Recapitalisation) Act 2025 come into force on 16th July 2025—
(a)
section 1 (recapitalisation payments);
(b)
section 2 (reporting);
(c)
section 3 (notification to Parliamentary Committees);
(d)
section 4 (reimbursement in respect of recapitalisation payments);
(e)
section 5 (code of practice);
(f)
section 6 (amendments to the Financial Services and Markets Act 2000)f1;
(g)
section 7 (amendments to the Banking Act 2009)f2.