{
  "url": "https://openlegislation.uk/russia-sanctions-eu-exit-regulations-2019/regulation-97A",
  "json_url": "https://openlegislation.uk/russia-sanctions-eu-exit-regulations-2019/regulation-97A.json",
  "legislation": "uksi/2019/855",
  "legislation_title": "The Russia (Sanctions) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/russia-sanctions-eu-exit-regulations-2019",
  "path": "regulation/97A",
  "kind": "regulation",
  "number": "97A",
  "heading": "Disapplication of Banking Act 2009 requirement to recognise third-country resolution actions",
  "text": "(1) The duty of the Bank of England to make a decision under section 89H(2) of the Banking Act 2009 (recognition of third-country resolution actions) does not apply in relation to the notification of third-country resolution action in respect of—\n(a) a designated person, or\n(b) a person who is owned or controlled directly or indirectly (within the meaning of regulation 7) by a designated person.\n(2) In paragraph (1)—\n“designated person” has the same meaning as it has in Chapter 1 of Part 3 (asset-freeze etc.);\n“third-country resolution action” has the meaning given in section 89H(7) of the Banking Act 2009.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 97A inserted (16.12.2022) by The Russia (Sanctions) (EU Exit) (Amendment) (No. 17) Regulations 2022 (S.I. 2022/1331), regs. 1(2)(b), 19"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2019/855/regulation/97A",
    "retrieved_at": "2026-10-28T22:41:25.449074+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}