SCHEDULE 2Modifications to the Credit Institutions (Reorganisation and Winding Up) Regulations 2004

I15

Regulation 5 M1 applies as if—

a

in the heading, for “EEA credit institutions” there were substituted “ Gibraltarian credit institutions ”;

b

for “an EEA insolvency measure” each time it occurs, there were substituted “ a Gibraltar insolvency measure ”;

c

for “an EEA credit institution” each time it occurs, there were substituted “ a Gibraltarian credit institution ”;

d

for “the relevant EEA State” each time it occurs, there were substituted “ Gibraltar ”;

e

in paragraph (2), in the words after sub-paragraph (b), for “the EEA credit institution” there were substituted “ the Gibraltarian credit institution ”;

f

in paragraph (3)(b), for “the EEA insolvency measure” there were substituted “ the Gibraltar insolvency measure ”;

g

in paragraph (6)—

i

in the definition of “EEA insolvency measure” for “EEA insolvency measure” there were substituted “ Gibraltar insolvency measure ”;

ii

the definition of “relevant EEA State” were omitted.