Schedule 11, Part 5, paragraph 102(4)

A provision under sub-paragraph (1) restricting or prohibiting discretionary payments in relation to a CCP ceases to have effect if— any of the conditions under paragraph 17 cease to be met in relation to the CCP, and the Bank is satisfied that following the exercise of any of the stabilisation powers in relation to the CCP, the CCP has sufficient resources to pay compensation and repay any public funds in connection with the exercise of those powers.

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