(1) A resolution instrument may -
(a) require one or more directors of the bank to comply with any general or specific directions that may be set out in the instrument;
(b) enable the Bank of England to give written directions (whether general or specific) to one or more directors of the bank.
(2) A director -
(a) is not to be regarded as failing to comply with any duty owed to any person (for example, a shareholder, creditor or employee of the bank) by virtue of any action or inaction in compliance with a direction given under subsection (1)(a) or (b);
(b) is to be immune from liability in damages in respect of action or inaction in accordance with a direction.
(3) A director must comply with a direction within the period of time specified in the direction, or if no period of time is specified, as soon as reasonably practicable.
(4) A direction under subsection (1)(a) or (b) is enforceable on an application made by the Bank of England, by injunction or, in Scotland, by an order for sp
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