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Changes over time for: Section 2
Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 31/12/2020.
Changes to legislation:
There are currently no known outstanding effects for the The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014, Section 2.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
InterpretationU.K.
This
adran has no associated
Memorandwm Esboniadol
2.—(1) In these Regulations—
“the Act” means the Banking Act 2009;
“the Bank” means the Bank of England;
“banking institution” means—
(b)
a building society (within the meaning of section 119 of the Building Societies Act 1986) ;
(d)
a banking group company;
(e)
[a third-country institution (within the meaning of section 89JA of the Act (resolution of UK branches of third-country institutions)).]
“Case 1”, “Case 2”, “Case 3” and “Case 4” have the meanings given in regulation 3;
“initial instrument” has the meaning given in regulation 6(6);
“relevant banking institution” has the meaning given in regulation 6(6);
“relevant persons” has the meaning given in regulation 5(2);
(2) References to sections of the Act include, as the context requires, those sections [as applied with or without modifications by that Act as that Act has effect on the day on which the Bank Recovery and Resolution [(Amendment) (EU Exit) Regulations 2018 come] into force.]
(3) In these Regulations, “relevant compensation order” means—
(a)in relation to Case 1, the bail-in compensation order required to be made in relation to the resolution instrument;
(b)in relation to Case 2, Case 3 or Case 4, the third party compensation order required to be included in the compensation scheme order or the resolution fund order by regulation 4.
Textual Amendments
Marginal Citations
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