# The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020, Regulation 42: Amendment of the Bank Recovery and Resolution (No.2) Order 2014


In article 75(2), 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/42 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020/regulation-42
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.