Section 44B(3A)

The provision referred to in subsection (3) is provision replacing a liability (of any form)— with a relevant security (of any form or class). of the bank, in the case of the instruments within subsection (3)(a) and (b)(i), of the resolution company mentioned in section 43(1), in the case of the instruments within subsections (3)(b)(ii) and (c), or of the bridge bank mentioned in section 44D(1), in the case of the instruments within subsections (3)(b)(iii) and (d),

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