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Exercise of powers: general Exercise of powers: general

United Kingdom

  1. 7General conditions
  2. 7AEffect on other group members, financial stability in UK etc
  3. 8Specific Condition: private sector purchaser, bridge bank or asset management vehicle
  4. 8ZASpecific conditions: asset management vehicle
  5. 8ASpecific condition: bail-in
  6. 9Specific conditions: temporary public ownership
  7. 10Banking Liaison Panel

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