{
  "url": "https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020/regulation-76",
  "json_url": "https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020/regulation-76.json",
  "legislation": "ukdsi/2020/9780348213676",
  "legislation_title": "The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020",
  "legislation_url": "https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020",
  "path": "regulation/76",
  "kind": "regulation",
  "number": "76",
  "heading": "Amendment of Schedule 1",
  "text": "(1) Schedule 1 (amendments of the Banking Act 2009) is amended in accordance with this regulation.\n(2) In paragraph 10 (mandatory write-down, conversion etc of capital instruments)—\n(a) in sub-paragraph (4), after “instrument” insert “or liability”;\n(b) in sub-paragraph (5), in the inserted subsection (4A), after “instrument” insert “or liability”.\n(3) In paragraph 23 (termination rights etc), in sub-paragraph (2), omit paragraph (a).\n(4) In paragraph 42 (third-country resolution actions), after sub-paragraph (3) insert—\n“(4) In subsection (9A)—\n(a) in the modified subsection (5), after “United Kingdom and the”, for “third country” substitute “country or territory”;\n(b) in the modified subsection (6), for ““third-country group company” and “third country”” substitute “and “third-country group company””.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2020/9780348213676/regulation/76",
    "retrieved_at": "2026-10-30T14:48:37.128063+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}