Section 214H(1)

The Bank must reimburse the scheme manager for any recapitalisation payment, or any part of a recapitalisation payment, relating to a financial institution, which is not needed to cover the costs and expenses mentioned in section 214E(2)(a) and (b) because— those costs and expenses were lower than the Bank expected, or the Bank recovers an amount in relation to the financial institution which it can use to defray those costs and expenses.

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