C1C2Part 1Special Resolution Regime
Pt. 1: power to amend conferred (1.3.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), ss. 17(3)(f), 148(5); S.I. 2014/377, art. 2(1)(b), Sch. Pt. 2
F5Chapter 3 Special resolution action
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
Compensation
I161Sources of compensation
1
This section applies to—
a
compensation scheme orders,
b
resolution fund orders,
c
third party compensation orders, F2...
F3ca
bail-in compensation orders,
d
regulations under section 60F4, and
F4e
regulations under section 60A.
2
An order or regulations may provide for compensation or other payments to be made by—
a
the Treasury,
b
the Financial Services Compensation Scheme, F1subject to section 214C of the Financial Services and Markets Act 2000 (limit on amount of special resolution regime payments), or
c
any other specified person.
Pt. 1 restricted (7.1.2010) by Banking Act 2009 (Exclusion of Insurers) Order 2010 (S.I. 2010/35), arts. 1, 2