Section 48Z(6)

The following are to be disregarded in determining whether a default event provision applies— a crisis prevention measure, crisis management measure or recognised third-country resolution action taken in relation to the bank, third country institution or a member of the same group as the bank or third country institution, and the occurrence of any event directly linked to the application of such a measure or action.

← 5 · All articles · 6A →

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