Schedule 2, Part 1, paragraph 4(1)

The Treasury may, for the purpose of ensuring that the treatment of liabilities in any instrument that contains special bail-in provision is aligned to an appropriate degree with the treatment of liabilities on an insolvency, by order specify matters or principles to which the Bank of England is to be required to have regard in making any such instrument.

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