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Paragraph 6 The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014

Original text. Later amendments are not shown.

(1)

The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014 are amended as follows.

(2)

In regulation 2 (interpretation), in paragraph (2) for “Order 2016 comes” substitute “(Amendment)(EU Exit) Regulations 2018 come”.

(3)

After regulation 8 insert—

“Valuation methodology: technical standards

8A.

The Bank may make technical standards specifying the methodology for the assessments referred to in regulation 6(2) to (4).”.

(4)

In regulation 13 (review), omit paragraph (2).