Paragraph 117 Information to be contained in a resolution plan
(1)
Schedule 1 is amended as follows.
(2)
In paragraph 1 (impediments to the effectiveness of resolution action)—
(a)
in sub-paragraph (a) for “resolution action” substitute “the application of resolution tools or the exercise of resolution powers”; and
(b)
in sub-paragraph (b) for the words from “Chapter” to the end substitute “Part 6”.
(3)
In paragraph 2(3)(a) (the context for resolution action) for the words from “Article” to the end substitute “section 228 or 229 of the Banking Act 2009”.