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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 5 of 5

Regulation 21 Interpretation of this Part

(1) For the purposes of this Part -

(a) "affected credit institution" means a UK credit institution which is the subject of a relevant reorganisation or winding up;

(b) "relevant reorganisation" or "relevant winding up" means any voluntary arrangement, administration, winding up, making of a stabilisation instrument or order referred to in regulation 19(1) to which this Part applies;

(c) [deleted]

(2) In this Part, references to the opening of a relevant reorganisation or a relevant winding up mean -

(a) in the case of winding-up proceedings -

(i) in the case of a winding up by the court, the date on which the winding-up order is made, or