(1) Section 4 (special resolution objectives) [2009 c.1, section 4 was amended by paragraph 5 of Schedule 17 to the Financial Services Act 2012 (c.21), section 96(3) of the Financial Services Act 2012 (c. 21).] is amended as follows.
(2) For subsections (4) to (9) substitute -
"(3A) Objective 1 is to ensure the continuity of banking services in the United Kingdom and of critical functions.
(4) Objective 2 is to protect and enhance the stability of the financial system of the United Kingdom, including in particular by -
(a) preventing contagion (including contagion to market infrastructures such as investment exchanges, clearing houses and central counterparties authorised in accordance with Article 14, or recognised in accordance with Article 25, of Regulation (EU) 648/2012 of the European Parliament and the Council of 4th July 2012 on OTC derivatives, central counterparties and trade repositories) [OJ L 201, 27.7.2012, p.1.], and
(b) maintaining market discipline.
(5) Objective 3