Regulation 9 Bail-in: sequence of write-down and conversion of capital instruments and liabilities
In section 12AA (bail-in: sequence of write-down and conversion of capital instruments and liabilities)f1—
(a)
in subsection (1)(e), for “eligible” substitute “bail-in”;
(b)
in subsection (4), for “eligible” in both places it occurs substitute “bail-in”;
(c)
in subsection (5), for “eligible” substitute “bail-in”.
Annotations
Footnotes
- f1
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Section 12AA was inserted by S.I. 2014/3329.