The Bank Recovery and Resolution (No. 2) Order 2014
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
101 Interpretation of Chapter 4
(1) In this Chapter— “authorised agreement” has the same meaning as in Chapter 3; ... “conditions for financial support” has the same meaning as in Chapter 1; “financial support” has the same meaning as in Chapter 1; “group entity” means a relevant parent undertaking or group subsidiary which has entered into a group financial support agreement authorised by the PRA or FCA (“the agreement”); “intended recipient” means the group institution named in a relevant notice as the recipient of the financial support referred to in the notice; “notifying group entity” means the group entity which has given a relevant notice; “relevant competent authority” means a competent authority, other than the consolidating supervisor, which has authorised a group entity; “relevant notice” means a notice— given by a group entity; stating an intention to provide financial support under an authorised agreement; and required by rules made by the PRA or FCA under Part 9A of FSMA; “UK group entity” means a group entity set up in the United Kingdom. (2) In this article, for the interpretation of “group entity” and “intended recipient”, the expressions “group subsidiary”, “group financial support agreement”, “group institution” and “relevant parent undertaking” have the meaning given in Chapter 1.
101 Interpretation of Chapter 4
(1) In this Chapter— “authorised agreement” has the same meaning as in Chapter 3; ... “conditions for financial support” has the same meaning as in Chapter 1; “financial support” has the same meaning as in Chapter 1; “group entity” means a relevant parent undertaking or group subsidiary which has entered into a group financial support agreement authorised by the PRA or FCA (“the agreement”); “intended recipient” means the group institution named in a relevant notice as the recipient of the financial support referred to in the notice; “notifying group entity” means the group entity which has given a relevant notice; “relevant competent authority” means a competent authority, other than the consolidating supervisor, which has authorised a group entity; “relevant notice” means a notice— given by a group entity; stating an intention to provide financial support under an authorised agreement; and required by rules made by the PRA or FCA under Part 9A of FSMA; “UK group entity” means a group entity set up in the United Kingdom. (2) In this article, for the interpretation of “group entity” and “intended recipient”, the expressions “group subsidiary”, “group financial support agreement”, “group institution” and “relevant parent undertaking” have the meaning given in Chapter 1.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
How this law is officially changed
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