# The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020, Regulation 37: Amendment of the Bank Recovery and Resolution (No.2) Order 2014


In article 64(2)—
(a) in the definition of “relevant proposals”—
(i) in paragraph (b) after “impediments” insert “including a timetable for doing so”;
(ii) in paragraph (c), for the words from “four months” to the end substitute “the response period”;
(b) at the end insert—
““response period” means—
(a) in a case described in point (b) of Article 17.3 of the recovery and resolution directive, two weeks beginning with the date on which the institution received the notice; and
(b) in any other case, four months beginning with that date.”.

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Source: https://www.legislation.gov.uk/ukdsi/2020/9780348213676/regulation/37 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020/regulation-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.