The Bank Recovery and Resolution Order 2016

Cases where mandatory write-down, conversion etc applies

This section has no associated Explanatory Memorandum

6.  In section 6A(6)(b) (cases where mandatory write-down, conversion etc applies)(1) omit “, on the basis of the valuation carried out in accordance with section 6E,”.

(1)

Section 6A was inserted by S.I. 2014/3329.