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Financial Services (Banking Reform) Act 2013
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There are currently no known outstanding effects for the Financial Services (Banking Reform) Act 2013, Paragraph 30.
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This section has no associated Explanatory Notes
30U.K.In section 220 (insolvency etc), after subsection (4) insert—
“(4A)The 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.”
Commencement Information
I1Sch. 2 para. 30 in force at 31.12.2014 by S.I. 2014/3160, art. 2(1)(b)
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