(1) The Banking Act 2009 (Third Party Compensation for Partial Property Transfers) Regulations 2009 [S.I. 2009/319.] are amended as follows.

(2) In regulation 1 -

(a) in paragraph (3) [Regulation 1(3) was amended by S.I. 2014/1830 and 2014/3329.], in the definition of "banking institution" -

(i) at the end of subparagraph (b), omit "or";

(ii) after subparagraph (c), insert -

"or

(d) a third-country institution (within the meaning of section 89JA of the Act (resolution of UK branches of third-country institutions)).";

(b) in paragraph (3), in the definition of "relevant time" -

(i) in paragraph (c) omit "(including that section as applied by section 82 of the Act)",

(ii) after paragraph (e) insert -