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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Regulation 12

(1) In Article 22 -

(a) in paragraph 3, for "Directive 2014/59/EU" substitute "the Bank Recovery and Resolution (No.2) Order 2014 [S.I. 2014/3348.]";

(b) omit paragraphs 6 to 8;

(c) in paragraph 10 -

(i) in the first sub-paragraph -

(aa) for the words from the beginning to "develop draft" substitute "The Bank of England may make";

(bb) omit points (b) and (c);

(ii) omit the second and third sub-paragraphs;

(d) in paragraph 11 -

(i) in the first sub-paragraph, for the words from the beginning to "develop draft" substitute "The Bank of England may make";

(ii) omit the second and third sub-paragraphs.

(2) Omit Articles 23 and 24.