# The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020, Regulation 124: Housing and Regeneration Act 2008


The Housing and Regeneration Act 2008 applies as if it were modified as follows—
(a) in section 152 (proposals), in subsection (4)—
(i) in paragraph (d)(ii), the final “or” were omitted;
(ii) after paragraph (d)(iii), there were inserted—
“or
(iv) a tertiary non-preferential debt being paid otherwise than in priority to a quaternary non-preferential debt.”;
(b) in section 275 (general), after ““tertiary non-preferential debt”” there were inserted “, “quaternary non-preferential debt””;
(c) in section 276 (index of defined terms), in the table, there were inserted the following entry at the appropriate place—
“
Quaternary non-preferential debt
Section 275
”.

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Source: https://www.legislation.gov.uk/ukdsi/2020/9780348213676/regulation/124 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020/regulation-124
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

