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The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018

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Changes over time for: Paragraph 93

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The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018, Paragraph 93 is up to date with all changes known to be in force on or before 18 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

Assessment of business organisation plan drawn up by a single group entityU.K.

This adran has no associated Memorandwm Esboniadol

93.—(1) Article 163 (application and interpretation of Chapter 2 of Part 13) is amended as follows.

(2) In paragraph (1)(b)—

(a)for the words from “(within” to “or” substitute “ of the relevant entity or the ”;

(b)omit “in accordance with Article 52 of the recovery and resolution directive”.

(3) In paragraph (2)—

(a)after “ “business reorganisation plan” insert “ has the meaning given in section 48H of the Banking Act 2009, as applied by section 81BA of that Act ”;

(b)for “have the” substitute “ has the ”;

(c)for “they have” substitute “ it has ”.

Commencement Information

I1Sch. 3 para. 93 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

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