C1Part 1Special Resolution Regime
Annotations:
Modifications etc. (not altering text)
Transfer of securities
I114Interpretation: “securities”
1
In this Part “securities” includes anything falling within any of the following classes.
2
Class 1: shares and stock.
3
Class 2: debentures, including—
a
debenture stock,
b
loan stock,
c
bonds,
d
certificates of deposit, and
e
any other instrument creating or acknowledging a debt.
4
Class 3: warrants or other instruments that entitle the holder to acquire anything in Class 1 or 2.
5
Class 4: rights which—
a
are granted by a deposit-taker, and
b
form part of the deposit-taker's own funds for the purposes of section 1 of Chapter 2 of Title V of Directive 2006/48/EC (on the taking up and pursuit of the business of credit institutions) F1as last amended by Directive 2009/111/ EC of the European Parliament and of the Council
Pt. 1 restricted (7.1.2010) by Banking Act 2009 (Exclusion of Insurers) Order 2010 (S.I. 2010/35), arts. 1, 2