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Changes over time for: Section 3
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Point in time view as at 31/12/2020.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 3.
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.
ApplicationU.K.
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adran has no associated
Memorandwm Esboniadol
3.—(1) These Regulations apply in the following cases.
(2) Case 1 is where the Bank has made a resolution instrument in accordance with section 12A(2) of the Act (“Case 1”).
(3) Case 2 is where—
(a)the Bank has made a property transfer instrument in accordance with section 11(2), 12(2)[, 12ZA(3) or 44D(2)] of the Act , and
(b)the property transfer instrument makes special bail-in provision (in accordance with section 44B(1) of the Act ) (“Case 2”).
(4) Case 3 is where—
(a)the Bank has made a property transfer instrument in accordance with section 11(2), 12(2) or 12ZA(3) of the Act which does not make special bail-in provision, but
(b)special bail-in provision is made (in accordance with section 44B(1) of the Act) in [a] supplemental property transfer instrument [referred to in section 44B(2)(b) or in a property transfer instrument under section 43(2)] (“Case 3”).
(5) Case 4 is where—
(a)the Bank has made a third-country instrument in accordance with section 89H of the Act (recognition of third-country resolution actions) , and
(b)either—
(i)that third-country instrument, or
(ii)any subsequent third-country instrument made under section 89I(4)(b),
makes special bail-in provision (“Case 4”).
Textual Amendments
Marginal Citations
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