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The Credit Institutions (Reorganisation and Winding up) Regulations 2004

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Changes over time for: Section 35

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Version Superseded: 31/12/2020

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Point in time view as at 23/04/2019. This version of this provision has been superseded. Help about Status

Changes to legislation:

The Credit Institutions (Reorganisation and Winding up) Regulations 2004, Section 35 is up to date with all changes known to be in force on or before 02 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Repurchase agreementsU.K.

[F135.(1) Subject to regulation 33, the effects of a relevant reorganisation or a relevant winding up on a repurchase agreement shall be determined in accordance with the law applicable to that agreement.

(2) Nothing in paragraph (1) affects the application of—

(a)section 48Z of the Banking Act 2009;

(b)section 70C of the Banking Act 2009;

(c)Articles 68 and 71 of the recovery and resolution directive or the law of any EEA State (other than the United Kingdom) transposing these provisions; or

(d)any instrument made under the provisions referred to in sub-paragraph (a) or (b).]

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