(1) Where an application is made for judicial review of a decision of the Bank to exercise the stabilisation powers in relation to an institution under resolution ("relevant proceedings") -
(a) a ruling by the court that the decision is unlawful shall not affect -
(i) a relevant transfer,
(ii) special bail-in provision (within the meaning given by section 48B of the Banking Act 2009), or
(iii) provision under section 48L of that Act in relation to securities issued by the institution under resolution,
made by a stabilisation instrument made by the Bank pursuant to that decision; and
(b) the court may not quash any provision in a stabilisation instrument made by the Bank if that provision makes -
(ii) special bail-in provision; or
(iii) provision under section 48L of the Banking Act 2009 in relation to securities issued by the institution under resolution.
(2) For the purposes of paragraph (1) -
(a) "stabilisation instrument" means - (i) a share transfer inst
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