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The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014

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Changes over time for: Section 4

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Point in time view as at 16/12/2016.

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There are currently no known outstanding effects for the The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014, Section 4. Help about Changes to Legislation

Resolution fund order to include third party compensation orderU.K.

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4.  In Case 2, Case 3 or Case 4, where a compensation scheme order or resolution fund order is required to be made in relation to—

(a)the property transfer instrument, or

(b)the third country instrument making provision which could be made in a property transfer instrument,

that order must include a third party compensation order M1.

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M1Defined in section 49(4) of the Act.

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