C1C2Part 1Special Resolution Regime

Annotations:
Modifications etc. (not altering text)

F2Chapter 3 Special resolution action

Annotations:
Amendments (Textual)
F2

Pt. 1 Ch. 3 formed from ss. 4-83 (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 7

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 F1Title 1 of Part 2 of F3the capital requirements regulation.