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Regulation 95 Undertakings required to include a contractual term

Original text. Later amendments are not shown.

(1)

This regulation applies to an undertaking which is—

(a)

an institution;

(b)

a financial holding company;

(c)

a mixed financial holding company; or

(d)

a relevant MAHC.

(2)

Notwithstanding paragraph (1), this regulation does not apply to an undertaking to which regulation 99(2) applies.

(3)

In this regulation, “institution”, “financial holding company”, “mixed financial holding company”, and “relevant MAHC” each have the meaning given by section 3A(8) of the Act.