(1) The Banking Act 2009 (Restriction of Partial Property Transfers) Order 2009 [SI 2009/322, amended by SI 2009/1826; 2011/1043; 2013/472; 2013/3115.] is amended as follows.
(2) In article 1(3) (interpretation) -
(a) in the definition of "banking institution" for paragraph (e), substitute -
"(e) a banking group company;";
(b) in the definition of "relevant authority", for "Case 1 or 2 (as specified in article 2(2) and (3))" substitute "Case 1, 2, 4 or 5 (as specified in article 2(2), (3), (4A) and (4B))".
(3) In article 2 (application of this order) -
(a) in paragraph (2), for "or 12(2)" substitute ", 12(2) or 12ZA(3)",
(b) in paragraph (3)(a), for "or 12(2)" substitute ", 12(2) or 12ZA(3)",
(c) after paragraph (4) insert -
"(4A) Case 4 is where -
(a) the Bank has made a resolution instrument in accordance with section 12A(2) of the Act (bail-in option), and
(b) a property transfer instrument has been made under section 41A(2) (transfer of property subsequent to resolution instru