SCHEDULE 3Amendments of the Bank Recovery and Resolution (No.2) Order 2014

I1105

1

Article 183 (notification that an undertaking is failing or likely to fail) is amended as follows.

2

In paragraph (3)—

a

omit sub-paragraphs (a) and (b);

b

in sub-paragraph (d) for the words from “in their” to the end substitute “ ; and ”;

c

in paragraph (e) omit “; and”;

d

omit paragraph (f).

3

Omit paragraph (4).