Article 29 Resolution of UK branches of third-country institutions
(1) The Banking Act 2009 is amended as follows.
(2) In the Table in section 1(6) after the entry for sections 89H to 89J [Section 89J was inserted by S.I. 2014/3329, with sections 89H to 89M.], insert -
"Section 89JA |
Resolution of UK branches of third-country institutions" |
(3) In section 2, after subsection (9) insert -
"(10) Section 89JA applies this Part to UK branches of third-country institutions with modifications.".
(4) Section 75 [Section 75(5) was amended by section 101 of the Financial Services Act 2012 and S.I. 2013/504.] is amended as follows -
in subsection (5) -
(i) at the end of paragraph (cb) omit "or";
(ii) after paragraph (cb) insert -
"(cc) to third-country institutions,
(cd) to UK branches, or";