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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 29 August 2023 - onwards
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75 Banking Act 2009: miscellaneous amendments

(1) The Banking Act 2009 is amended as follows.

(2) In section 7A (effect on other group members, financial stability in UK etc)-

(a) in subsection (1), for "(4)(b)(ii)" substitute "(4), (4B)(b),";

(b) after subsection (1) insert-

"(1A) Subsection (1) does not apply in relation to a requirement under section 3A(4) for a person to maintain (but not issue) a particular kind of bail-in liability."

(3) In section 83ZD (appointment of person to carry out investigations in particular cases), in subsection (3)(a), for "83ZN" substitute "83ZR".

(4) In section 89H (recognition of third-country resolution actions), in subsection (7), in the definition of "third-country resolution action"-

(a) in the words before paragraph (a), for ", third country parent undertaking or a bank, building society, credit union or investment firm" substitute "or third-country parent undertaking";

(b) in paragraph (a), omit "or a bank, building society, credit union or investment firm".

(5) In section 182 (interpreta

Comparing proposed amendment...