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Part 1U.K.Special Resolution Regime

Modifications etc. (not altering text)

[F1Chapter 3 U.K. Special resolution action]

Textual Amendments

F1Pt. 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

TreasuryU.K.

[F281AAccounting information to be included in reports under sections 80[F3, 80A(2)(b) and 81] U.K.

(1)A report under section 80(1)[F4, 80A(2)(b) or 81] must include accounting information in respect of the bank or [F5resolution company] that is the subject of the report.

(2)In this section “accounting information” means—

(a)a balance sheet that, in the opinion of the person making the report, gives a true and fair view of the state of affairs of the bank or [F5resolution company] as at the reporting date, and

(b)a profit and loss account that, in the opinion of the person making the report, gives a true and fair view of the profit or loss of the bank or [F5resolution company] for the reporting period.

(3)In this section—

(a)reporting period” means the period to which the report relates, and

(b)reporting date” means the last day of the reporting period.]