# The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014, Regulation 3: Application


(1) These Regulations apply in the following cases.
(2) Case 1 is where the Bank has made a resolution instrument in accordance with section 12A(2) of the Act (“Case 1”).
(3) Case 2 is where—
(a) the Bank has made a property transfer instrument in accordance with section 11(2), 12(2) or 12ZA(3) of the Act, and
(b) the property transfer instrument makes special bail-in provision (in accordance with section 44B(1) of the Act) (“Case 2”).
(4) Case 3 is where—
(a) the Bank has made a property transfer instrument in accordance with section 11(2), 12(2) or 12ZA(3) of the Act which does not make special bail-in provision, but
(b) special bail-in provision is made (in accordance with section 44B(1) of the Act) in an associated supplemental property transfer instrument (within the meaning of section 44B(2)) (“Case 3”).
(5) Case 4 is where—
(a) the Bank has made a third-country instrument in accordance with section 89H of the Act (recognition of third-country resolution actions), and
(b) either—
(i) that third-country instrument, or
(ii) any subsequent third-country instrument made under section 89I(4)(b),
makes special bail-in provision (“Case 4”).

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111123706/regulation/3 (the official version)
Page: https://openlegislation.uk/draft-banking-act-2009-mandatory-compensation-arrangements-following-bail-in-regulations-2014/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.