Paragraph 9 Modifications to the Bank Administration (Scotland) Rules 2009
The provisions of the Bank Administration (Scotland) Rules 2009f1 apply in relation an authorised bank—
(a)
with any reference to “asset”, “property” or “fund” modified so that it does not include a reference to the backing assets; and
(b)
with any reference to the “1986 Rules” modified so that it is a reference to the Insolvency (Scotland) Rules 1986 as modified by paragraph 5 of this Schedule.
Annotations
Footnotes
- f1