Paragraph 12 I1

United Kingdom As made

An offer of relevant securities resulting from the conversion or exchange, directly or indirectly, of other securities, own funds or other liabilities under—

(a)

Part 1 of the Banking Act 2009 (special resolution regime), or

(b)

Schedule 11 to the Financial Services and Markets Act 2023 (central counterparties).

Annotations

Commencement

I1: Sch. 1 para. 12 in force at 30.1.2024 for specified purposes and otherwise in accordance with reg. 2(3), see reg. 2(2)(3)