Where the Bank is satisfied that a reconstitution of the deposit protection account by apportionment solely in accordance with Regulation 20 would have a material and detrimental effect on the financial position or viability of a credit institution, the Bank may in its discretion but only to such extent or for such period and subject to such conditions as it considers appropriate, exclude the credit institution from such a reconstitution in which case the amount involved may be apportioned among the other credit institutions maintaining deposits in the deposit protection account.
Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 20 November 2015 - onwards
Regulation 21
Revoked from 20 November 2015