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.