# The Credit Institutions (Reorganisation and Winding up) Regulations 2004, Regulation 34: Netting agreements

Extent: E+W+S+N.I.

(1) The effects of a relevant reorganisation or a relevant winding up on a netting agreement shall be determined in accordance with the law applicable to that agreement.
(2) Nothing in paragraph (1) affects the application of—
(a) section 48Z of the Banking Act 2009 ;
(b) section 70C of the Banking Act 2009 ;
(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(d) any instrument made under the provisions referred to in sub-paragraph (a) or (b).

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Source: https://www.legislation.gov.uk/uksi/2004/1045/regulation/34 (the official version)
Page: https://openlegislation.uk/credit-institutions-reorganisation-and-winding-up-regulations-2004/regulation-34
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.