Section 214E(2)

A recapitalisation payment is a payment in respect of the Bank’s estimate of— the costs likely to be required for the recapitalisation of the financial institution, and any other expenses that the Bank or a relevant person has incurred or might incur in connection with the recapitalisation of the institution or the exercise of the stabilisation power.

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Source: legislation.gov.uk · retrieved 2026-09-04