http://www.legislation.gov.uk/ukpga/2013/33/schedule/2/paragraph/30/2020-12-01Financial Services (Banking Reform) Act 2013An Act to make further provision about banking and other financial services, including provision about the Financial Services Compensation Scheme; to make provision for the amounts owed in respect of certain deposits to be treated as a preferential debt on insolvency; to make further provision about payment systems and securities settlement systems; to make provision about the accounts of the Bank of England and its wholly owned subsidiaries; to make provision in relation to persons providing claims management services; and for connected purposes.texttext/xmlenStatute Law Database2024-09-06Expert Participation2020-12-01 SCHEDULESSCHEDULE 2Bail-in stabilisation option PART 1 Amendments of Banking Act 2009<Emphasis>Other amendments of the Act</Emphasis>30In section 220 (insolvency etc), after subsection (4) insert—4AThe fact that ownership of an authorised bank is transferred or otherwise changed as a result of a resolution instrument (or an instrument treated as a resolution instrument) does not itself prevent the bank from relying on section 213.Sch. 2 para. 30 in force at 31.12.2014 by S.I. 2014/3160, art. 2(1)(b)
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In section 220 (insolvency
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in force at 31.12.2014 by
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