Regulation 4 Amendment of the Bank Recovery and Resolution (No. 2) Order 2014

(1)

The Bank Recovery and Resolution (No. 2) Order 2014^f1 is amended as follows.

(2)

In article 2^f2, in paragraph (1), in paragraph (a)(iv) of the definition of “conditions for early intervention”, after “Financial Instruments” insert “, or rules made under them”.

(3)

In article 220A (modified application of the Companies Act 2006)^f3, in paragraph (5), in modified section 307B(2)(a)(ii) of the Companies Act 2006, for “one or more of” substitute “a requirement imposed by or under”.

Annotations

Footnotes

f1: S.I. 2014/3348.
f2: The definition of “conditions for early intervention” was inserted by S.I. 2018/1394 and amended by S.I. 2021/1376.
f3: Article 220A was inserted by S.I. 2016/1239.