# The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018, Paragraph 82: Minimum requirement for own funds and eligible liabilities: other provisions


(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.”

---
Source: https://www.legislation.gov.uk/ukdsi/2018/9780111173732/schedule/3/paragraph/82 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018/schedule-3/paragraph-82
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.