Regulation 62 Amendment of the Banking Act 2009

In section 3—

(a)

in the definition of “resolution entity”—

(i)

at the end of paragraph (a) insert “or”;

(ii)

omit paragraph (b);

(iii)

in the words after paragraph (c) omit the words ““EU resolution authority” has the meaning given by section 81AA(14),” and “, “EU resolution action” has the meaning given to “resolution action” in Article 2.1(40) of the recovery and resolution directive”;

(b)

in the definition of “resolution group” for “third-country” substitute “country or territory other than the United Kingdom”.