SCHEDULES
SCHEDULE 2Bail-in stabilisation option
PART 1Amendments of Banking Act 2009
Other amendments of the Act
I131
In section 259 (statutory instruments)—
a
in the Table in subsection (3), in Part 1, in the entry relating to section 60 for “Third party compensation” substitute “
Third party compensation: partial property transfers
”
;
b
in the Table in subsection (3), in Part 1, at the appropriate places insert—
48F(1) and (2)
Power to amend definition of “excluded liabilities”
Draft affirmative resolution
48G
Insolvency treatment principles
Draft affirmative resolution
48P
Safeguarding of certain financial arrangements
Draft affirmative resolution
52A
Bail-in compensation orders
Draft affirmative resolution”
“60A
Third party compensation: instruments containing special bail-in provision
Draft affirmative resolution
c
in the Table in subsection (3), in Part 3, at the appropriate place insert—
152A
Property transfer from transferred institution
Draft affirmative resolution
d
in subsection (5), after paragraph (d) insert—
da
section 60A (special resolution regime: instruments containing special bail-in provision),
e
in subsection (5), after paragraph (k) insert—
ka
section 152A (bank administration: property transfer from transferred institution),