The Bank Recovery and Resolution Order 2016

Removal of impediments to the exercise of the stabilisation powers etcU.K.

This section has no associated Explanatory Memorandum

5.  In section 3A(8) (removal of impediments to the exercise of stabilisation powers etc) M1, in the definition of “institution”, after “a bank” insert “ , building society (within the meaning of section 119 of the Building Societies Act 1986 M2) ”.

Marginal Citations

M1Section 3A was inserted by S.I. 2014/3329.

M21986 c 53.