Section 3A(6)

The Bank may give directions to a relevant MAHC requiring it to establish a separate financial holding company as a parent of an institution for the purpose of— facilitating the exercise of the stabilisation powers, or ensuring that the exercise of a stabilisation power does not have an adverse effect on the non-financial part of the group of the relevant MAHC.

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