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Paragraph 82 Minimum requirement for own funds and eligible liabilities: other provisions

Original text. Later amendments are not shown.

(1)

Article 148 (meeting minimum requirement through contractual bail-in instruments etc) is amended as follows.

(2)

In paragraph (1)—

(a)

in sub-paragraph (b) omit “or 5”;

(b)

in sub-paragraph (c) omit “or 3”.

(3)

At the end insert—

“(4)

“Normal insolvency proceedings” has the meaning given in section 3(1) of the Banking Act 2009.”