Section 60B(1)

In making regulations under section 60A the Treasury must, in particular, have regard to the desirability of ensuring that pre-resolution shareholders and creditors of a bank do not receive less favourable treatment than they would have received had the bank entered insolvency immediately before the coming into effect of the initial instrument.

← 60B · All articles · 2 →

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