# The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020, Regulation 67: Amendment of the Banking Act 2009


In section 81ZBB (transfer to asset management vehicle: supplemental powers in relation to certain holding companies)—
(a) in subsection (3) for “Article 1.1(c) or (d) of the recovery and resolution directive” substitute “subsection (2A) of section 81AA”;
(b) in subsection (11)—
(i) omit the “and” at the end of the definition of “financial assistance case”;
(ii) omit the definition of “normal insolvency proceedings”.

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Source: https://www.legislation.gov.uk/ukdsi/2020/9780348213676/regulation/67 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020/regulation-67
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.