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The Bank Recovery and Resolution Order 2016

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Removal of impediments to the exercise of the stabilisation powers etcU.K.

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5.  In section 3A(8) (removal of impediments to the exercise of stabilisation powers etc) M1, in the definition of “institution”, after “a bank” insert “ , building society (within the meaning of section 119 of the Building Societies Act 1986 M2) ”.

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M1Section 3A was inserted by S.I. 2014/3329.

M21986 c 53.

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