Schedule 2, Part 1, paragraph 6(3)

After section 52 insert— Subsection (2) applies if the Bank of England makes— a resolution instrument under section 12A(2), or a property transfer instrument under section 41A(2). The Treasury must make a bail-in compensation order (see section 49(2A)). A bail-in compensation order may include provision for— an independent valuer (in which case sections 54 to 56 are to apply); valuation principles (in which case section 57(2) to (5) is to apply).

← 2 · All articles · 4 →

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