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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 15 July 2015 - onwards
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Regulation 112 Ancillary powers of Court in making resolution order.

(1) The resolution order may provide for any of the following:

(a) subject to paragraph (4) and Regulations 137 to 142, that a transfer shall take effect free from any liability or encumbrance affecting the financial instruments, rights, assets or liabilities transferred;

(b) the removal or suspension of rights of any person to acquire further shares or other instruments of ownership;

(c) that the recipient be treated as if it were the institution under resolution for the purposes of any rights or obligations of, or actions taken by, the institution under resolution including, subject to Regulations 69 and 71, any rights or obligations relating to a market infrastructure;

(d) the cancellation or modification of the terms of a contract to which the institution under resolution is a party or, to any extent that Regulation 75 or 76 does not so provide, the substitution of a recipient as a party;

(e) variation or amendment in accordance with Regulation 108, 109 or 110 to provide for any of

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