The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018

This section has no associated Explanatory Memorandum

105.—(1) Article 183 (notification that an undertaking is failing or likely to fail) is amended as follows.U.K.

(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).

Commencement Information

I1Sch. 3 para. 105 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)