# The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020, Regulation 11: General interpretation of section 48B


In section 48D (general interpretation of section 48B), in subsection (1)—
(a) after the definition of “designated settlement system” insert—
““EEA central counterparty” has the meaning given in section 285 of the Financial Services and Markets Act 2000;”;
(b) after the definition of “investment firm” insert—
““normal insolvency proceedings” has the meaning given in section 12AA(2);”;
(c) after the definition of “pension scheme” insert—
““recognised central counterparty” has the meaning given in section 285 of the Financial Services and Markets Act 2000;”;
(d) after the definition of “secured” insert—
““third country central counterparty” has the meaning given in section 285 of the Financial Services and Markets Act 2000;”.

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Source: https://www.legislation.gov.uk/ukdsi/2020/9780348213676/regulation/11 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.