OpenLegislation

Bail-in option Bail-in optionF1

United Kingdom

  1. 48BSpecial bail-in provision
  2. 48CMeaning of “protected deposit”
  3. 48DGeneral interpretation of section 48B
  4. 48EReport on special bail-in provision
  5. 48FPower to amend definition of “excluded liabilities”
  6. 48GPriority between creditors
  7. 48HBusiness reorganisation plans
  8. 48IBail-in administrator: further functions
  9. 48JBail-in administrator: supplementary
  10. 48KBail-in administrator: money
  11. 48LPowers in relation to securities
  12. 48MTermination rights, etc
  13. 48NDirectors and senior managers
  14. 48ODirections in or under resolution instrument
  15. 48POrders for safeguarding certain financial arrangements
  16. 48QContinuity
  17. 48RExecution and registration of instruments etc
  18. 48SResolution instruments: general matters
  19. 48TProcedure
  20. 48USupplemental resolution instruments
  21. 48VOnward transfer
  22. 48WReverse transfer
  23. 48WABail-in option: recovery of expenses

Annotations

Textual amendments

F1

Ss. 48B-48W and cross-heading inserted (1.3.2014 for the insertion of s. 48P for specified purposes, 31.12.2014 in so far as not already in force) by Financial Services (Banking Reform) Act 2013 (c. 33), s. 148(5), Sch. 2 para. 4; S.I. 2014/377, art. 2(1)(b), Sch. Pt. 2; S.I. 2014/3160, art. 2(1)(b)

Notes on Part 1

Modifications

C1

Pt. 1 restricted (7.1.2010) by Banking Act 2009 (Exclusion of Insurers) Order 2010 (S.I. 2010/35), arts. 1, 2

C2

Pt. 1: power to amend conferred (1.3.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), ss. 17(3)(f), 148(5); S.I. 2014/377, art. 2(1)(b), Sch. Pt. 2

Notes on Chapter 3

Textual amendments

F1

Pt. 1 Ch. 3 formed from ss. 4-83 (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 7