Section 48L(5)

The provision that may be made under subsection (3)(a) includes, for example— provision that specified rights attaching to securities are to be treated as having been exercised; provision that the Bank of England, or a resolution administrator, is to be treated as authorised to exercise specified rights attaching to securities; provision that specified rights attaching to securities may not be exercised for a period specified in the instrument.

← 4A · All articles · 6 →

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