# The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020, Regulation 105: Exercise of power to remove impediments to resolvability


The Bank of England must exercise its powers under section 3A of the Act where an assessment under regulation 104(1) concludes that the liabilities described in regulation 104(3)(a) create a substantive impediment to resolvability.

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Source: https://www.legislation.gov.uk/ukdsi/2020/9780348213676/regulation/105 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020/regulation-105
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.