The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014
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Change 1
4 Resolution fund order to include third party compensation order
In Case 2, Case 3 or Case 4, where a compensation scheme order or resolution fund order is required to be made in relation to— (a) the property transfer instrument, or (b) the third country instrument making provision which could be made in a property transfer instrument, that order must include a third party compensation order .
4 Resolution fund order to include third party compensation order
In Case 2, Case 3 or Case 4, where a compensation scheme order or resolution fund order is required to be made in relation to— (a) the property transfer instrument, or (b) the third country instrument making provision which could be made in a property transfer instrument, that order must include a third party compensation order .
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