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